What Does a Cooler Than Expected CPI Print Mean for Stocks? 11/11/22

Stocks are getting a big boost on the back of the October CPI report showing a smaller than expected increase in consumer prices. Bank of America’s Aditya Bhave explains what this means for the economy going forward. Plus, reports say FTX is looking for more than $9 billion in rescue funds from rivals such as OKX and current investors like Sequoia Capital. TechCrunch’s Jackie Melinek gives the latest on the story. And, it’s been a rough ride for commercial real estate, with rising interest rates having an impact on demand. Marcus & Millichap’s Hessam Nadji weighs in on the sector. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.