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Source: CNBC

Category: Investing, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

17 Responses to “Appaloosa’s Tepper Bullish on Stocks (Still)”

  1. A says:

    Is this contrarian ??

  2. Global Eyes says:

    Tepper sounded tepid when describing his bullish views on CNBC this morning.

  3. MayorQuimby says:

    These calls are worse than useless – they are confusing. People have no idea what he is holding, buying, wants to buy, sell etc. And as for them moving markets – they don’t. Biggest sellers look for biggest buyers. The risk-rated return stuff is also silly because the ‘value’ stocks have vs. bonds disappears when bonds sell off and yields rise. So according to this line of thinking, stocks that yield .75% are a huge buy vs. bonds that yield 1%? This is all getting out of hand. I’m thinking the time to fade all these guys is getting quite close.

  4. Pantmaker says:

    History, common sense and my three year old respectfully disagree with Mr.Tepper.

  5. MikeNY says:

    Tepper says, the Fed risks “markets going into hyper-drive” like in 1999. That’s nicey-speak for creating another asset bubble.

    I’m shocked, shocked I tell you.

  6. NMR says:

    What he said made broad sense to me and I’m working hard on knowing how stupid I am. Who knows whether he’s talking his book, I always assume these people are, the question is does his underlying scenario add up and imho it does. Unfortunately way too many comments are colored by prejudices, usually political. Overall the economy is not looking or feeling too bad, there’s a lot of cash looking for homes, autos are very strong, housing is coming back, the deficit is falling dramatically, the Fed has some neat footwork to do and is perhaps signalling it’s about to do it but money is going to remain cheap for a while. After that you’re on your own.

  7. Willy2 says:

    1. Even reputed bears have turned bullish. And that’s a contrarian sign on its own.
    2. “Goldilocks” economy ? What’s he smoking ?

    • Reputed Bears turned Bullish? JUST READ THE COMMENTS AROUND HERE

      • NMR says:

        But we don’t take them tooooo seriously do we? Incidentally looks like he had the nod on the deficit…642 billion

      • Willy2 says:

        Yes, I have seen a number of bearish investment managers/chief economists here in Europe who turned bullish for the prospects in the US (“End of the balance sheet recession”, “rising USD = growing confidence in the US economy”, etc.).

        They fail to see that a rising USD in the current economic situation is actually the worst that can happen for the world economy.

      • darkl337 says:

        the effect of the permabears

    • NMR says:

      “Goldilocks” economy ? What’s he smoking ?

      It’s a new brand called Reality Strikes

  8. darkl337 says:

    he has said quite a bunch of BS.. logical arguments to support that the fundamentals of the economy will not be adversely hit by tapering but not a strong case at all for an actual, fundamental-backed recovery for US macro, let alone global macro