I think the federal government's trying to deter inflation. Our economy is growing kind of rapidly right now, for them to control inflation they're kinda bumping up inflation to try to cool things down a bit.

Away from autos, the economy is growing at a steady, lackluster pace. It's just kind of slow and steady and not very exciting.

Inflation is still moderate but this is about the outlook, and an economy that's doing well bears always risks.

The bond market is still behind the inflation curve. The inflation story continues to chip away at our economy and it doesn't seem to be getting any weaker.

Investors are recognizing the fundamentals are still terrific, ... Profits are sound, the economy is growing. Inflation is not yet rearing its ugly head.

At the moment there is not a broad-based systemic inflation problem bubbling up in the economy. The Fed as a precaution has raised rates a little bit, will raise rates a little bit more but I don't think they are going to do a whole lot more after that.