In this episode Scott discusses:

The three major indexes fell yesterday. Futures point down today.

The 10 year treasury yield fell to 1.43 on dovish comments from Fed Chairman Powell on how he will judge full employment.

The wholesale price index is up 8.6 percent on an annualized basis.

Tesla shares fell 12 percent.

PayPal shares fell 10.46 percent.

Hertz went public and shares fell close to 11 percent.

GE splitting into GE Power, Healthcare and Aviation, 174000 employees and a market cap of $120 billion.

Panera goes public.