Wed, July 12, 2023 | 7:50AM ET

The last two "meaningful" CPI positive surprises (Oct 2022 and Feb 2023) saw +4%-5% 5D rally = 180 to 225 points today. Thus, 100 point gain could be "low end" of a potential rally.

Name: FS Insight
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Tom Lee, CFA ^AC

Head of Research

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