Tuesday, March 14th, 1 p.m. Eastern time snowing on the East Coast, peeps.

This is market call, that man making moves in the background. You know him. That's Danny Moses, who I adore. Dan, Nathan, on vacation. You know what? Well-deserved vacation. He's earned it. Today's market call brought to you by CME group where risk meets opportunity. And we're going to talk about that in just a second. And of course, our data provider is fact set financial data and

analytics, Danny, powered by tomorrow. I'm powered by the notion that the two of us are together

yet again. How are you? I'm good, buddy. Not snowing on this part of the East Coast. Let me just be very

clear. What part of the East Coast do you currently find yourself? The southern part of the East Coast.

Yeah, well, typically doesn't snow there. March happens to be one of those snowy months. I remember not that

anybody particularly cares, but I was a young man. We got about

two feet of snow the Saturday before Easter. That was like 1972. That's neither here nor there.

I'm going to make reference to CME group and why if some of these gentlemen and gentle ladies

had used futures to hedge their risk, they wouldn't have gotten themselves into

this predicament. But obviously, we had some inflation data. Let's roll the deco, as they say.

You know, I thought this was pretty hot, to be honest with you. I mean, to me, it didn't ease any of my

inflation fears. But for whatever reason, the market seems to be enjoying this. Thoughts on the CPI today, Danny?

Listen, without this bank debacle, we'd be at 95% chance of 50 basis points next week. So let's be

clear what's really affecting rates is not this today. This is somewhat of a side show and in line with

expectations. I guess I would argue that if it had actually been really low, I'm better than expected, we might even see more of a side show and in line with expectations. I guess I would argue that if it had actually

been really low, I'm better than expect, we might even see more of a market rally now. But we will get

to that, I'm sure, later in the episode. I'd agree with that. Do you remember 1990? Now, I will tell

you folks, I could watch Tom Cruise read the phone book. There are maybe two or three of his movies that,

you know, I won't watch because they suck. But I'll tell you, Days of Thunder in 1990 with one

Michael Rooker was a tremendous movie. So indulge me for a second, Danny. I think you'll understand

what I'm saying. You recall there was a race scene where Rowdy Burns talked to his

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