Tuesday, May 10, 2022

CPI report tomorrow is very important, says Cerity's Jim Lebenthal

May 10, 2022

Here is the link. 

Jim Lebenthal, Cerity Partners chief equity strategist, joins the 'Halftime Report' to discuss whether or not stocks have reached the bottom and the importance of tomorrow's Consumer Price Index report. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

Bear market - take years to recover 

Correction - less than one year 

False bottoms - four bottoms, final bottom came in around 2015 

Below 8% - good sign - technical bottom 

Mega cap wreck - Market cap lost during last 3 sessions




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