Carl Quintanilla and Jim Cramer explored the markets trying to shrug off recession fears one day after a flat 2-year/10-year yield spread. The anchors reacted to RH CEO Gary Friedman's earnings call comments: He said inflation is "going to outrun the consumer." Apple also in focus as the stock aims to regain a $3 trillion market valuation along with a 12th straight positive session, which would match its record win streak set back in 2003. Micron CEO Sanjay Mehrotra joined the program exclusively to discuss his company's upbeat earnings and guidance -- and Senate approval of the $52 billion bill aimed at boosting chip manufacturing in the U.S. Also in focus: Lululemon surges and Chewy tumbles. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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Squawk on the Street