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Transcripts for CNN New Day With John Berman and Brianna Keilar 20220125 11:09:00

report, the nasdaq is in a correction, it s down more than 10% from its recent high. the s&p is down more than 8% from its record. the dow down 6.6%. look, periodic corrections, they are normal and they are healthy. stocks can t go up forever. but there s something that s more ominous people are talking about. the so-called super bubble. there s a hedge fund manager warning of extreme overvaluation with stocks, he says, headed for a big reset. so inflated it s spawning these dodgey crypto currencies and crcra si meme stocks. that s a sign of a super bubble. he cited two other examples, 1929, what happened then? the market fell and led to the great depression and 2000 when the dot com bubble burst. there s no crystal ball and there s no question 2022 is rife with tensions. corporate earnings have been so good they re bound to be more mixed. inflation running the hottest in decades. fighting inflation, higher rest rates from federal reserve and eat into corporate profits and

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