We've got good news for Carnivores and a look at how the writers strike is affecting the

business of entertainment.

Motley Fool Money starts now.

I'm Chris Hill joining me today back by popular demand Motley Fool Senior and List Bill Barker.

Thanks for being here.

Thanks for having me.

We're going to start with the Ever Sexy Big Macro.

The Consumer Price Index rose 4.9% in April.

It is the smallest increase in two years and this continues the downward trend that started

last June.

Am I wrong to think that this was well received news on Wall Street?

It really seemed like for people who are watching this more closely and looking for more evidence

that the Fed is going to hit the pause button on interest rates.

This seems like some fodder.

It does.

I think it was largely expected.

You've got the inflation now cast out of the Cleveland Fed basically hitting this number.

You can play along at home and see what the expected inflation is for each of, say, the

four major measurements of it these days.

To the extent that there was good news here, it was just slightly under, I guess, about

about a half of a tenth of a point better on the annual rate.

Good and continuing to be better numbers than we've seen for almost two years.

...