Hedge-fund founder David Einhorn is betting on U.S. stocks to keep falling as inflation proves more stubborn than many on Wall Street expect.
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Hedge-fund founder David Einhorn is betting on U.S. stocks to keep falling as inflation proves more stubborn than many expect, according to comments he made during a Wednesday interview with CNBC’s “Halftime Report.”
“I think we should be bearish on stocks and bullish on inflation,” Einhorn said. “I think we’re in a policy now, which is probably pretty good for Main Street, but it’s going to be difficult, and increasingly difficult for financial assets.”
He…
