Markets are nearing record highs, despite surging Covid cases and fresh lockdowns across China & Europe. We’ll speak with one economist about why he’s unwaveringly optimistic about the future. Plus, it’s been a tough go for Robinhood, on pace for its worst month ever. We’ll speak with Wall Street’s most bullish analyst about why he’s sticking with it. And, in today’s Rapid Fire: Tesla’s safety recall, a chipmaker China warning and the return of the buyback.

The S&P 500 is trying for its 70th record closing high of the year. We’ll tell you the best places for your money as we near a record finish to 2021. Plus, President Biden is calling in more regulatory reinforcements to try and fight soaring inflation. Will his strategy work? We’ll debate. And, in today’s Rapid Fire: will there be less bite and more bark for the “dogs” of the Dow next year? We’ll talk that plus how to trade Apple & Peloton in 2022.