The S&P 500 and Nasdaq soared to all-time highs today, with the Dow close behind. While overall inflation held steady, the latest PCE report showed core inflation running hotter than expected. Meanwhile, consumer sentiment just saw its biggest jump in six months. Add to that the buzz around the "Big Beautiful Bill," and markets are surging despite headwinds — including Trump’s decision to end trade talks with Canada over their new digital tax. Investors seem more focused on optimism surrounding the U.S.-China rare earth trade deal. What does it all mean for your money — and the Fed’s next move? Patrick Mueller, RFC and President of Bella Advisors, joins Alicia Summers to break it down.
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