Carol Costello: Is this why you say Powell doesn't need to be Volcker? There are a number of reasons. One reason is the stock market itself, it's the negative wealth effect. Lower valuation is a big relative crack in the blue chips where small caps and mid caps may still go to new lows but maybe show some relative strength.
Joe Kudla, Founder and CEO of Vuori, discusses the company's investment from Softbank and the brand's growth strategy. Bloomberg Businessweek Editor Joel Weber and Bloomberg Markets Magazine Editor Christine Harper discuss Paul Volcker's inflation fight. Jackie Davalos, Bloomberg Technology Reporter, talks about Uber and Lyft following the Department of Labor's latest gig-worker rules. And we Drive to the Close with Leuthold Group CIO, Doug Ramsey.
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