Bloomberg today featured an interesting comment from Appaloosa Management's David Tepper. The hedge fund manager basically said that the ECB decision means the "beginning of the end" of the bond market bubble.
And while he didn't specifically reveal his positioning, host Stephanie Ruhle says that Tepper expressed that's he's pretty adamant about his statement and so it's pretty easy to guess his positioning based upon that (short bonds).
Embedded below is the video of Tepper's full quote via Bloomberg:
Thursday, September 4, 2014
David Tepper: Beginning of the End of the Bond Market Bubble
blog comments powered by Disqus
