VIDEO: Top Fund Manager Says Stock Market Will Have ‘Powerful Rally’ if Tuesday’s CPI Data Shows Weakening Inflation
Stephen Weiss, Founder, Managing Partner and Chief Investment Officer of investment fund Short Hills Capital Partners, appeared on CNBC’s Halftime Report this morning to give his expert analysis on tomorrow’s CPI report.
Weiss, whose Short Hills Capital Partners fund predominantly focuses on undervalued equities with a catalyst, commented on Tuesday’s consumer price index (CPI) report, saying:
“On a short-term trading basis, well, I think the market will have a pretty powerful rally if the number is a weak number, meaning, showing inflation coming down.”
Video Source: CNBC Television YouTube
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