Trend Is Still Intact for a Bull Market: Lerner

The video discusses the current state of the bull market, highlighting the trend's intactness despite recent consolidations. It covers the surprising economic, earnings, and inflation trends, and how these have affected market behavior. The discussion includes the importance of distribution and sentiment reset, noting that the market has seen modest pullbacks. The video concludes with an analysis of fund flows and a cautious outlook, suggesting a potential for choppy market action in the near term.

What is the significance of the term 'consolidation zone' as mentioned by the speaker?

According to the speaker, what does the flow of funds indicate about investor behavior?