Inflation data as Goldilocks as it can get: Strategist

Inflation is starting to cool, with the October Consumer Price Index coming in flat from last month. HSBC Chief Multi-Asset Strategist Max Kettner tells Yahoo Finance Live that the report was “as Goldilocks as it can possibly get.” Kettner says that the biggest risk for him was “a continued overheating of the US economy and an uptick in inflation and that’s just not happening. It’s the opposite and that’s really, really good.” Watch the video above to find out how Kettner thinks investors should be overweight US stocks.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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