Wild day for stocks, another year of hikes?, and Best of the Banks 10/13/22

Stocks are shrugging off the hotter-than-expected CPI data, with the Dow making an 1,100-point swing from the morning lows. We’ll try to make sense of what’s happening on Wall Street today. Plus, while stocks might be higher, inflation is too, posting another 8.2% jump year-over-year in September. So what should the Fed do? We’ll explore. And, earnings season is about to kick off, starting with the Financials. We’ll get you ready with a ‘Big Banks’ edition of Earnings Exchange. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.