why one of the traders said live nation is going to have a very big year >>> and viva brazil, the recent reforms that are creating opportunities in the latin america countries. >>> plus, stay tuned for a bonus hour and what the crackdown means for trade with the u.s. and for your portfolio that's all coming up at 6:00 p.m. eastern time. welcome. i'm deirdre bosa in for melissa lee. tim seymour, karen finerman and jeff mills and hello, everyone thrilled to be here. we might as well get right to it markets losing steam in a big way at the end of the session with the s&p closing near the lows of the day. all three major indexes snapping three-week winning streaks strong results overshadowed by inflation concerns the latest data shows the inflation expectations at the highest level in 13 years, guys. so does today's action raise a warning sign for stocks? tim, let's start with you. how are you reading this going into another busy earnings week? >> well, first of all, deirdre bosa, you know, welcome to the show and i think we now have to -- because we have nicknames and i think we need to cro