carpenter was excused-- troy roberts: and they hired psychiatrist william carpenter in the hopes that. carpenter met with hinckley for months and charted his unraveling. what was his relationship like with his parents? there wasn't anything that seemed like childhood neglect or trauma. troy roberts: but carpenter learned hinckley started to withdraw from friends in high school and then completely isolated himself in college. his parents were worried and took him to see a psychiatrist, who told them hinckley was simply immature and needed tough love. william carpenter: more than once they'd kind of cut him off. troy roberts: the strategy backfired. hinckley's hopelessness showed in his poems, songs, and journals. william carpenter: there are kind of dark anticipatory things in it. and it's certainly compatible with an unhappy and lonely life. troy roberts: in hinckley's poem "guns are fun," the foreshadowing of the shooting is clear. john hinckley (voiceover): if i wish, the president will fall and the world will look at me in disbelief. troy roberts: by the end of his evaluation, carp

a marvelous account by a man by the name of william b gould, who had escaped from slavery, from wilmington, north carolina. and he was a very skilled carpenter and plasterer and having escaped from wilmington, made his way to the blockading squadron, and he enlisted and he became the captain steward. so theoretically he was very skilled and had he had some seafaring experience, might have been rated as a seaman. he was rated as a contraband because he had escaped from slavery and. then on the ship, he became the captain steward. and so happened the ships that he served on were in the north atlantic. so they were chasing commerce, confederate commerce, raiders throughout the north atlantic. whenever he made the ship, made port, it was his job to go out and get fresh provisions for the captain. and he describes the wonderful times that he had moving about the the various port cities europe as a free man in the united states navy uniform and he describes being treated like a tourist and in fact around to tourist attractions. now he's exceptional in one sense, though, i think other stewards, especially as captain steward's who then went out into

seth carpenter in the mckee segment is perfectly -- to the chief global economist at morgan stanley. are we all john williamsoomberg event, 2.0%. are we really talking about a new inflation regime? >> i think you want to separate couple things. if you are comparing it to where we were from the financial crisis to covid, i think you have to say yes. the fed was consistently missing its inflation target of the downside. we are clearly above target now and over the next several years, they want to bring it down. but i'm not sure they want to go back to the old days. if we are going to be averaging a little higher during expansions, you are talking about 25-50 basis points higher inflation. i don't think we are talking about the difference between 2% inflation and 3%. tom: what half-hour we have. have dr. carpenter with us on the broader economics of the moment. just exquisite here on fixed income dynamics and expert on your world about the difference rogers of the options. lisa: i want to dig in on the implications of this announcement. the idea that they are really going to force the front end to do a lot of t