How to Understand Market Rotation: Polcari

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The market was rising following a weaker-than-expected report on U.S. inflation calmed worries that price pressures could boost interest rates.

Kenny Polcari, managing partner at Kace Capital Advisors, joined TheStreet Live since Jim Cramer is out for the week.

Polcari wrote, in his morning newsletter, "Oh boy – I have a headache…..…..it was all the CPI yesterday and as expected the gov’t reported that there ISN’T any inflation….nothing, not here, not there, nowhere….in fact not only is there no inflation – the report showed that the ‘CPI ex food and energy’ was even less than no inflation….which is really comical."

Recap TheStreet Live: Everything Moving the Markets Thursday 

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