hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityicipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. >>> welcome back to power lunch, everybody. there you see the major averages heading to a winner week wall street digesting a key inflation measure that shows the pace of price increases eased in december while consumer spending also declined. two guests joining us now to talk all things fed an inflation and the impact on stocks ron sonna is here, a co-ceo and a buffalo bills fan. sorry. >> thanks. you really had do. >> and doug butler, managing director >> thanks. >> let's look at the inflation number that came out today what do you think, ron, it does to the fed not just in the meeting held next week but moving into the spring >> well what is interesting, i wrote about this today, is is that other central banks are beginning to recognize that the fever is pass

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hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityunicipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. stuart: hospitals in small towns along the border are struggling to keep up with the influx of migrants. kelly o'grady is with us outside a hospital in yuma, arizona. how much money in unpaid medical bills for migrant care are they stuck with? reporter: over $20 million, stuart. that really puts into context how big of an impact the border crisis is having on these area businesses. yuma, of course, it's a hot spot for illegal crossings and that strain is on top of the current challenges the hospital is facing like rsv and flu season. forreference, the hospital in yuma is the only one in 180 smile that $20 million figure is for six months from december of 2021 to may of 2022 and doesn't even cover the second half of last year and i spoke to the ceo and he said

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hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763. neil: all right, maybe these spending battles on capitol hill are going to happen a little sooner than we thought, the u.s. government stands to reach its so-called debt can ceiling to keep the government going next thursday. this is coming from janet yellen, the treasury secretary. that that means on the 19th it will force, she says, the treasury to take, quote, extraordinary measures to prevent a day default. this comes at a time when part of the agreements of the new house, the 118th congress on car linking with the -- spending with the debt ceiling and the threat of a government shutdown. that is a negotiating tool that they are using to say we're not going to willy-nilly raise this unless there are spending constraints. chuck schumer has said there can't be any constraints, this is spending that that's

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualitys the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763. stuart: good morning. it is 10:00 eastern. straight to the money this wednesday morning bring. a modest rally, stocks, dowse up 50, nasdaq up 100 points. the 10

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. stuart: if you thought the airline glitches and delays were behind us, well, maybe you'll have to think again. jeff flock is with us. jeff? is this just the way it's going to be, expect to be pleasantly surprised if your flight takes off on time? reporter: i've always found in life stuart it's best to have low expectations wherever you go , particularly at the airport though, perhaps. i've got something that's going to tick you off even more though these are the latest numbers. what happens if stuary varney goes to the airport, has a ticket and he gets there and says you know what, mr. "varney" , i'm sorry we over booked this flight. you can't fly. that would really tick you off i suspect. according to the "wall street journal", that is on the rise. take a look at these n

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. stuart: social security is a two run out of money within ten years and everyone has destroyed all right henry, does congress have any plan to address is as you. guest: well the congressional budget office said congress has to come up and fix before the inevitable happens, they estimate because of social security already exceed somebody is bringing into the program is quickly running out of cash and fast and saying that the program's trust fund be empty by 2033, warning this, if the gap between the trust funds outlays and income occurs as they project, then the balance of the trust funds will declined to zero in 2033, the social security administration will no longer be able to pay full benefits when they are due and this is as the debt crisis looming over capitol hill d

hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-qualityrovide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. charles: all right, markets acting great today, but it's not really a surprise to my if next guests. both were buyers on weakness last year, and they said this was the year. rob luna and kings view management cio scott martin. rob, i think some people forgot the markets could be up 2%. >> i guess they forgot what a coiled spring looks like, charles. i love fact, man, we're getting all these dire predictions about earnings, a big recession coming, fed going to 10% on fed funds. mine, those are the kinds of things concern i mean, those are the kinds of things that get predicted in times of '08, '01, '94, and they don't happen. these predictions that come out especially after a data point with the nonfarm payroll and things like that, charles, show you that the market is so poised to actually go up, it wants

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hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763. >> things are not going to get better and we'll have these rallies and i think they're fake and should be taken with caution because we have a ways to go. >> as we look at 2023, we have more ground that we have to cover. there will be volatility. the fed isn't done and remember, the fed gets what it wants. >> joe biden is the most left wing president this country has ever had. >> consolidating power and shown he's bent on world [inaudible] and we're the only country is that can stop that. >> rally died because the fed does something stupid that's going to happen this week i think. >> a roucous republican primary and get in the race and stand on the stage with donald trump and take the heat that'll come from donald trump. ashley: the late, great david bowie.

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