luke loyd, market watcher of the morning, inflation is the big worry.aking off? >> i hate the word transitory. what it means to me is it will fall back close to where it was before the pandemic. first it will take years to make it through the economy which pushes prices higher, want company raise prices they never take him back down. it is be impact inflation will have on people's pocketbooks and not on the stock market. if the cost of food goes up 20%, less money for consumers to spend somewhere else. and stocks are the ultimate hedge against inflation. the federal reserve and the rising interest rates. stuart: going toward stagflation, it is increasing and it is stagnating a little. it is slowing down a little. you still have inflation on the horizon. >> don't think it is going away anytime soon. all this money has to make it through. powell admitted they were wrong and inflation will be here longer than they expect. the question, investors should be paying attention to is how much to raise interest rates and fed raising rates debited stuart: which ta