Lazard Chief Market Strategist Ron Temple on Bloomberg Open Interest

On August 14, Lazard Chief Market Strategist, Ron Temple, joined Matt Miller, Katie Greifeld, and Sonali Basak on Bloomberg Open Interest to discuss key insights from the July 2024 Consumer Price Index (CPI) Report.

Ron noted that the economy remains strong, and inflation is showing signs of deceleration supporting a solid rationale for the Federal Reserve to ease interest rates by 25 basis points in September. Regarding market activity and outlook, Ron stated, "I'm optimistic on the market more broadly. I do think...the dynamics will shift within the market away from being largely driven by six stocks to a broader base as earnings accelerate for the rest of the market."

Click here to view the full discussion.