Fed seen likely to raise policy rate above 5.5% by September

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Greenlight Capital's David Einhorn tells CNBC he is bearish on stocks, sees rates continuing higher

March 1, 2023 1:47 PM EST

Greenlight Capital's David Einhorn told CNBC on Wednesday that he maintains his negative view of the stock market as he believes rates are headed higher.

Speaking to CNBC's Halftime Report, Einhorn stated that "we should be bearish on stocks and bullish on inflation" as he feels the current policy will be "increasingly difficult" for financial assets.

The Greenlight Capital founder... More