If you helicopter drop more money than we spent in World War 2, and unit labor costs continue to rise without productivity gains, you will get higher inflation and higher for longer from the Fed, says Barry Bannister of Stifel.

Joe Kernen wonders if we will have to pay the piper after all the Keynesian stimulus, which the younger leaders may not understand.  Mr. Bannister does not think we will reach inflation adjusted highs again in the S&P 500 for at least a couple years.  He thinks that the market will trade essentially sideways for the rest of the year.