CPI HIGHER THAN JULY – Stock Market Reaction – Bear Market Bottom – Wednesday, August 10, 2022

CPI is expected to be higher than July – Core CPI that is. When the CPI number is released Wednesday at 8:30am Eastern Time, the core CPI number is expected to have gone up over the July core CPI number. That means inflation has continued to rise, and the Federal Reserve might have to raise interest rates higher than expected at their September Fed meeting. This video explains how the markets are expected to react to that economic news. This video also covers other stock market news, including the earnings that came out on Tuesday, including Coinbase earnings, Roblox earnings, and Norwegian Cruise Lines earnings. And finally, this video discusses when the bear market might reach a macro bottom.

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