February Retail Sales numbers came in up three tenths but Bob Iaccino, Founder and Chief Strategist of Path Trading Partners, isn't paying too much attention to the numbers and describes it as a lesser value retail sales number. He is looking at the Canadian inflation rate that beat at 5.5%. Bob and Ben talk about the strong Canadian Dollar (/6C) and weak Japanese Yen (/6J). Crude oil was up 144% prior to the news report of a Russian build-up on the border of Ukraine, explains Bob. He discusses the seven year/ten year curve being inverted. He says the the big yield moves will most like affect the housing market. He expects Fed Chair Powell to be harsh at the FOMC announcement today. They discuss the trading halt on nickel on the LME. He is watching wheat futures (/ZW) and mentions the issue with planting during the Russia-Ukraine conflict.