Small caps are not leading the way as they have done six of the prior times going back to 1980 for the Russell 2000. This time around, we're up only about 11% versus the 21% for the S&P 500. There's another story on Bloomberg talking about the disconnect between stocks and bonds suggesting a 20% downside risk for equities if bonds are right in pricing inflation volatility.
Bloomberg News Detroit Bureau Chief David Welch reports on General Motors adapting its electric vehicles to Tesla’s Superchargers, following Ford’s lead and all but ensuring it will become an industry standard in the US. Solidus VP of Regulatory Affairs Kathy Kraninger shares her thoughts on the SEC suing Coinbase and Binance. Dr. Ian Lustbader, Clinical Professor of Medicine at NYU Langone, discusses the health effects from the pollution caused by the Canadian wildfire. And we Drive to the Close with Sam Stovall, Chief Investment Strategist at CFRA.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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