DCLA's Sarat Sethi breaks down how rising energy prices are impacting stocks

Sarat Sethi, managing partner and portfolio manager at DCLA, joins CNBC's 'Squawk Box' to discuss how rising gas prices are impacting stocks and consumer spending habits. Sethi breaks down shares of FedEx, UPS, Delta, Disney, Uber and more. "I do think we're going to have this effect of a rubber band the 'Revenge Economy,'" Sethi tells CNBC.