Expert predicts 'weird moves' in the market in coming months

• Large-cap tech, particularly chips and AI infrastructure, is expected to continue its rally due to real shortages and exploding earnings, despite high valuations.
• The expert believes the chances of two Fed rate hikes this year are low, as they would negatively impact the housing market and low-income consumers without solving oil-driven inflation.
• ManpowerGroup (MAN) is favored due to strong employment growth driven by infrastructure build-out, and McDonald's (MCD) is seen as a contrarian play on a perking-up consumer.
• Nvidia (NVDA) is expected to break out, as significant capital expenditure by tech giants for AI infrastructure will drive demand for its superior chips.

The expert remains bullish on large-cap technology, citing a 'generational infrastructure build-out' in chips and AI, which is driving exploding earnings despite high valuations. He dismisses the likelihood of multiple Fed rate hikes this year, arguing they would harm the consumer and not address oil-driven inflation. Specific stock picks include ManpowerGroup and McDonald's, with Nvidia poised for a breakout.