Could Inflation Be Bottoming This Summer?

Bonds selling off has been related to the economy doing better than expected, so the market's been fine with it, notes Jim Bianco. He discusses how major indices finished last week higher. He takes a look at the S&P 500 since March 8th. He also talks about how the indices fared after the SVB collapse. He then previews the next FOMC meeting which is to take place July 25th-26th. He highlights that the S&P 500 finished higher for the sixth week in the last seven. he then goes over how there could be a case to be made that the inflation rate could be bottoming this summer. Tune in to find out more about the stock market today.