CNBC Special: Inflation & Your Stocks 05/23/22
May 23rd 2022, 11:52 pm
Inflation is at the highest level in over 40 years. It’s been a drag on markets, with the Dow doing something it hasn’t done in over 100 years – down eight weeks in a row. Averages closed higher today, trying to recover from last weeks sharp selloff. Investors are searching for footing as the tide of inflation rises, leaving no sector untouched. CNBC’s Becky Quick spoke with CEO’s who are being effected by inflation headwinds including the CEO’s of Papa John’s and Angi. Plus, the oracle of oil, Rusty Brazil and the retail washout with expert Matt Boss.