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Brink of recession with a very real possibility of a catastrophic default. hang seng reversed some of monday s gain. they eased some covid test requirements. on wall street stock index futures are pretty much narrowly mixed here after a down day for stocks. 482 points off dow. s&p and nasdaq fell more than 1%. a strong batch of economic news says higher rates are here for longer and a survey from the business roundtable shows ceos more cautious amid persistent and global economic headwinds. on inflation watch, gas prices fell another two pennies sitting at $3.38 a gallon. let s bring in harvard economics professor ken robof. so nice to see you. we ve been seeing hopeful signs that inflation might be peaking. what do you think about wages? strong wage growths and strong ....