Simon discusses how many investors have a misguided idea of inflation's impact on the stock market as well as how to hedge inflation in portfolios. Simon also talks about the current backdrop including the outlook for Utilities and Financials including short takes on NextEra Energy (NEE), JPMorgan Chase (JPM) and Citigroup (C). He highlights what we heard from Apple (AAPL) and Google (GOOGL) in their recent earnings reports.