Friday, May 17, 2013

Tepper's bullish thesis

So, Druckenmiller recently spoke about a melt-up and now Tepper is saying that he is as bullish as ever.
Largely on the basis of the belief that the tail risk has been taken away from the markets globally, and sure you might have riots in Europe and such but the amount of money that will find its way into economies globally is going to be slightly overwhelming.

Also says that the Fed should be able to get off its money pumping disorder in an orderly fashion - the economy will improve and the Fed will want interest rates to climb.

Tepper here.

1 comment:

  1. If what he's saying comes to fruition then DOW at 20,000 at year end is not so far-fetched.