This podcast episode discusses the latest inflation report and its impact on the markets and the Federal Reserve's policy outlook. The report showed higher-than-expected consumer prices, leading to a spike in bond yields and a decline in the stock market. It also dampened hopes for Fed rate cuts, with the probability of a cut in June significantly decreasing. The speakers analyze the causes of higher yields and their implications for the broader market, as well as the performance of specific stocks like Taiwan Semi, Alibaba, and Macy's. They also discuss the decline in Tesla's stock price, the impact of inflation on the real estate sector, and the performance of real estate investment trusts (REITs). The episode concludes with a discussion of the newly listed fund Destiny Tech 100 and options trading activity in regional banks.
