Inflation spikes back up, markets are not too happy
Mike Armstrong and Paul Lane react to the January CPI report that showed inflation spiking back up for the month. Recession risks seem to be fading but economic tensions might rise during this election season. Tougher rent laws seem to be causing the pain at NYCB, $929B in commercial-property loans are coming due. JetBlue gets a major bump from famed investor Carl Icahn.