Greek Debt Deal 'Is in Everyone's Interest', Says OppenheimerFunds CIO

Greece is seeking $11 billion to repay its debts, but funding sources remain unclear. On Tuesday morning, stocks started to pare Monday's losses after Greek officials expressed interest in a debt deal, but the uncertainty in Greece is far from over, especially given the country's new Prime Minster Alexis Tsipras who vows to scale back Greece's previously agreed to austerity measures. TheStreet's Scott Gamm speaks with Krishna Memani, chief investment officer of OppenheimerFunds on the importance of a Greek debt deal for global markets, finding opportunities across the markets amid the volatility and Memani's markets outlook for the remainder of 2015.