Morning After the Sell-Off: Rates and Bullard's "100" Effect, The Countdown to the Super Bowl, Earnings Winners and Losers, and Musk's SpaceX Starship Update

Carl Quintanilla, Morgan Brennan and Mike Santoli discussed another volatile day for stocks, following a Thursday sell-off sparked by inflation and interest rate hike fears. The anchors explored whether or not the markets overreacted to comments by St. Louis Fed President James Bullard, who said he would like "100 basis points in the bag by July 1." Earnings also in focus as "buy now, pay later" company Affirm tumbled on quarterly results, while Zillow and Expedia experienced gains. In Los Angeles County outside SoFi Stadium -- the site of Super Bowl LVI -- Carl previewed the big game, including a look at what is expected to be the busiest betting event in football history -- and what prominent athletes are saying about crypto. Also in focus: This week's cruise stocks rally -- one analyst told the anchors why he slapped one name in the group with a "sell" rating, SpaceX's Elon Musk highlights his Mars mission by giving his first starship update in two years, plus automakers impacted by the Canadian truckers' blockade in protest of COVID-19 vaccine mandates: A report from on the ground at the U.S.-Canada border. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.