joining me is gina sanchez great to have you here first off, let's get a sense of what we are seeing this morning. this follows the blowout jobs report on friday exceeding expectations and a few days before that with comments from jay powell interpreting the way they want. what do you make of the reaction we are seeing following the jobs report >> i think the markets are, you know, somewhat concerned that there is more to come from powell the tuesday talk will give powell an opportunity to clarify now the jobs report came out here is the problem that i see with the jobs report the jobs report is still really impacted by the fact we had a shortage of workers. if you look at labor participation and split it up to 55 plus and 25 to 55, that 55 plus is down and is not coming back that younger cohort, now is a shortage of workers, and that shortage is keeping the jobs numbers up and employment down >> speaking of jobs, dell is the latest tech company with cuts today. how big of a factor is that for the fed and the decisions they are covering we covered that tech jobs are a small percentag

quarter point moves in march, may and june with the fed funds rate at 5.25% to 5.50% let's talk with gina sanchez gina, good to see you. when you hear loretta mester and james bullard say we should have gone higher, do you believe that is a litmus test for the market? >> there are two narratives. they are backing the first narrative which inflation is sticky if that is sticky, the fed has to do more in order to battle inflation which would bring on a harsher recession. the markets are warring with that and the soft landing scenario those are opposite camps honestly, i'm landing in the soft landing scenario which is not always the prevailing view if you look at the data, it supports it. >> why what data are you seeing that makes you think we might come out of this okay >> a few things. if you look under the hood of cpi, all of the raw goods, goods prices and those prices are all falling. the only price sector that is rising in cpi is the services component. that is driven by wages, not oil. oil is falling today you see the difference between ppi and cpi. if ppi is the price of inputs and cpi is wh

gina sanchez, thank you.time today. >>> still ahead, have you always wanted a blue check on your instagram account but you're not a celebrity or influencer? it can be yours now if y aoure willing to pay up for it that's next. 92% still active? seems high. seriously? it's just a bike. wait. they make a treadmill with an intuitive speed knob? yeah. want to try? 92% stick with it, so can you. rent a peloton bike or bike+. terms apply. >>> welcome back to "the exchange." meta taking a pain from the likes of twitter and snap rolling out a paid subscription service for users who want verified accounts. julia boorstin's got the details. julia? >> that's right, kelly meta verified for creators and influencers. this new service includes account verification, impersonation protections and access to account support. plus more visibility for those accounts now, this service is set to start in australia and new zealand for a monthly fee of $12 on the web and $15 in mobile with plans to roll it out more broadly from there

gina sanchez joins us now. s got our trades and phil lebeau is here, as well he's got the story of the week welcome to you both. gina, charge point, $46 stock, trading below $20 today. up 20% this year it reports wednesday and you like it? >> i do. this is a stock that if you held it before the pandemic, you lost 77%. so the hype has been taken out of this stock, but it is the world's largest charging network, and ev -- the demand for ev charging is not going away the recent made in america ev charging infrastructure act definitely supports chargepoint. but all of these names are fraught with risk right now, because in the short term, they're losing money, and chargepoint is one of those. so you have to have kind of a stomach for risk in order to get to the longer term, where there will be continued demand in this space. i just want to underscore that >> sure. this is a very similar story, almost deja vu-like. gina, they're lineup 20% this year why do you like it >> they are forecasting that they are going to hi

. >> fair enough gina, great to see you gina sanchez with our trades today. >>> don't miss our interviewrn time >>> still ahead, amazon is back at it. the ceo says they're going big on retail stores but will this time prove 'ldius rhtft t wel scs,ig aerhis. ed to be the . but with upwork... with upwork the hiring process is fast and flexible. behold... all that talent! ♪ this is how we work now ♪ >>> welcome back to "the exchange." amazon prepared to double down on physical stores the company acquired whole foods five years ago it has more than 40 amazon fresh grocery locationing but hasn't really disrupted the industry. the ceo saying he wants to go big on brick and mortar. let's bring in our technology reporter andi, i think i'll quote a familiar face who says they're not very good at brick and mortar why is that going to change now? >> yeah. i think you're right to approach this with skepticism on one hand, he's saying we want to go big on retail, but amazon announced they are pausing expense of their fresh stores and even closing some of the supermarkets so it's kind of hard to recko