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christina, let me start with you with nuts and bolt, where do things go from here and what we re seeing in the market so far. that had been a question mark. i guess i should reference your song. i saw the sign. they saw the sign the fed was going to hike. the markets are reacting positively at the moment. the dow is up 1%. you re seeing the nasdaq in positive territory. the s&p 500 in positive territory. the concerning point is jerome powell, the chair fed is speak and they changed course and became more aggressive once they received the inflation data we got last friday showing our prices have climbed 8.6%. that s the highest we have seen since 1981. because of that big jump in inflation, the fact it s continuing to climb higher, the fed needs to get more aggressive and seems like they are most likely going to continue on this trajectory even a month from now. that will have a trickle effect on the economy. he s still speaking at the moment but here is what he had ....
Now. that will have a trickle effect on the economy. he s still speaking at the moment but here is what he had to say moments ago. over coming months we ll be looking for compelling information that inflation is moving down consistent with inflation returning at 2%. we anticipate ongoing rate increase will be appropriate. the pace of the changes will continue to depend on the incoming data and the evolving outlook for the economy. what we re seeing now is that the markets are acting positively. this will have a trickle down effect on consumers and the expectation is they will continue to hike as long inflation climbs higher. if it doesn t, maybe we ll see a pull back. right now, we re on this path. chrischristina, only you can in an ace of bass reference. that s not true. the fact that you would think she s the only one that would ....