based on a fox news poll, the field has catching up to do. how is this race shaking up? let s go to julia manchester, kristen hahn and gop pollster lee carter. lee, start with you. governor desantis getting ready for a week where he will go to iowa, new hampshire, south carolina. they sound familiar. how important is it that he makes traction in those states? it s critical. he s message has to get big traction. it didn t last week. he s got a big job ahead of him. he has in many ways to reset his campaign. the last two months, he s been dropping in the polls. his excuse, he s not finally run yet. this is not official. now he has to make the case that he s the right man for the job. he has to focus on the economy, focus on inflation and stop focusing on the woke wars. that s what hurt himself the last two months and this will be chris call for people hearing him in a different way. julia, that underscores the challenge for governor desantis. the woke wars are probably crit
charles: it s been a volatile first half of the year for your money so far. in two weeks, the federal le serve will be at it with another possible rate hike to deal with inflation. what would that mean for the stocks in your portfolio and your money in general? i want to bring in the money panel, rebecca wallser and david botson. reb rebecca, it changes daily but the tide is turning. if you thought the fed was done, maybe they re not. absolutely. i said that so long ago. i said hey, if you think we re going to get a pause and a pivot everybody was talking about pivot. the market was pricing it in and having to go in on a tear. it wasn t going to happen. the labor market for the small and medium size businesses was too tight and it will give the fed too much trouble on tight labor conditions. obviously we have tight labor conditions, wages go up, have gone up. there s a lot of openings and
they can t get filled. we have that situation happening. charles: david, my concern looking at the last jobs report, wages are going up, but going up slower. we learned from the small business nfib that they re done. they won t spend much more on cap x or hiring. you have to be concerned about the so-called lag effect. the fed has done a lot. they ve been on a record pace. how concerned are you that they may go too far? i m far more concerned about that than the other. the idea that they would keep raising rates because too many people have jobs is absurd. it s immoral economics. jobs don t create inflations. people having jobs produces goods and services. it adds to supply and brings down inflation. your point that the rate of growth of wages has slowed, that s not only not good but the exact opposite of what them