Dave Simons: The market 'shrugged its shoulders' at the inflation report

Dave Simons, Managing Partner of One Private Wealth tells Chris and Amy that the market didn't react much to the Labor Dept's inflation report which saw U.S. annual inflation reaching a three-year high of 4.2%. He attributes the higher costs to fuel prices with gas up 40%, air travel up 27%, and food up 2.7%. SpaceX going public this week, 'be careful, think long term,' says Simons, predicting it to be volatile stock for a while.