upcoming reports by alphabet and microsoft will be fine tune. one trader said, friday fears will creep in. larry: creep creep, thanks, gerry as always. the now the riff tonight. joe biden's economy going from bad to worse. it is not just high inflation, falling workers wages. we have now higher inflation, lower growth. that will drive wages down as well. it is called stagflation. the gdp report came in, 1.6% for the first quarter, way down from the temporary growth spurt in last year's second half. meanwhile the core inflation rate, in the first quarter, jumped to 3.7% at an annual rate, way above the fed's 2% target. now inside of the report consumer spending slowed, capital investment slowed, inventories slumped, the trade deficit widened. what is joe biden's answer on the campaign trail? spend more, tax more, regulate more, and that is a perfect policy storm for continuing stagflation, meaning even weaker growth and i here inflation. joe biden's crowing over his intention to let all the successful trump tax cuts expire. as is always the case