let's welcome in professor jeremy siegel of the wharton school that's the question. you have been among the loudest people out there inflation, inflation, inflation. the fed will have to be way more aggressive than the market thinks gundlach now says inflation is peaking and others have said it, too. what do you think? >> i think 8.5% year over year, that might be the peak, but i think there's going to be 6%, 7% year over year for a long time by the way, i think stephanie had it at the top of your program in terms of there's a lot of very negative forces for inflation in terms of making inflation worse. you see oil above 100 again and i'm particularly worried natural gas which is almost doubled, and i'm talking about february 23 gas when it's used for heating has almost doubled and if you take a look at the rental indexes and home ownership indexes they're only up 4% or 5% when we know home prices are up 15, 20% and that's going to get into that index. so technically, will we see something around 8.5% year over year well, maybe not, is it going to be that good if it

tonight adam parker and jeremy siegel will be with us this evening, too lots to talk about after all of these earnings and what might happen next week let's do final trades. carrie, what do you have >> i've got thermo fisher, it might be still upfor the day, they reported earnings, they are a life science company, they make fantastic tools and analytical equipment for biotech and health care and we think this is a solid business that sailed through covid with a lot of extra business because of testing, but they're continuing to show growth and we think it can outperform this year. >> okay. shannon? >> union pacific rail demand continues to outpace supply, they need to get more engineers and conductors online, we think this trend away from full global zags to a more hybrid approach to production will continue to be a rail wind for rails in the next few years. >> doc >> himax, himx, i bought the june 10 calls. >> josh brown, give me a name before i run. >> ao smith, bought more this week. >> good stuff. great weekend. the ot, i will see you then. "the exchange" is now. >>> thank you ve

jeremy siegel wrote the textbook, buy for the long run. my professor at princeton, buy stocks for the long run. and if the market does go down, i agree, the feds will take away the punchbowl and probably a recession in the next couple years. if the market corrects way down, put your monthly savings into it and hold it for 50 years. >> sandra: and buy stocks you know, right, larry? >> larry: the calvary is coming. >> sandra: we were lessoned, hemmer. i will join you at 4:00 for your tax special coming up. >> larry: we will let you on set. >> sandra: charlie hurt i heard is joining as well. >> bill: inflation is beefing up the price of your burger. average cost of a big mac jumped 7% between 2020 and 2021. the highest one-year jump since m.t.v. aired the first video and donkey kong was the hottest new tech game. did not know that. the price of a big mac is now averaging nearly six bucks. it comes as the industry faces rising costs of food. >> sandra: this is -- this applies to you, because i mean, we are coming out of the lenten season. >> b

jeremy siegel was on yesterday saying near term, maybe i'm not as bullish. >> long term, that's what you have to do the same thing ron barriss told us >>> all right. let's talk a little bit about corporate new this morning too elon muffing is being sued am group of former twitter shareholders argue that they missed out on the recent run on the stock because musk waited too long to disclose his 9.2% stake. you knew this was coming twitter shares jumped 27% on april 4th, that's the day musk did disclose what he had been doing. it was proposed in a management federal court. he let him buy more twitter shares at lower prices while defrauding them into selling at artificially deflated prices this has been building jay clayton kind of references this he basically said the fec will be looking into this because he originally fired as a passive investor, filed the forms to go with that and did not require him to diggs close until he built up a much bigger stake if he had filed as the active investor, he would have had to file a 10% stake there was a massive buildup in shares i don't know if h