In a recent CNBC interview, hedge fund manager David Tepper says, “if there was a magic formula, it would be China really easing a lot, and I consider them much much too tight still and they play a lot of games with their economy.” He continued, “not one quarter, but . . . a couple hundred basis points.” Tepper opined that “the United States is great,” it is China “that’s really causing the problem; it’s everything related there.” He said the situation makes it “really hard for the Fed” and “people may underestimate . . . how fast the Fed may have to raise rates” if China “straightens itself out.” See the entire interview and article on CNBC.
Tag Archives: China
While stocks are up slightly this year, Marc Faber of the Gloom, Boom & Doom Report says that a “stealth bear market” has been going on under the surface.
Bond guru Bill Gross says central banks across the globe are playing a “shell game” with financial markets. And once the game ends, he thinks markets are likely to tumble.
It seems that hedge fund guru Ray Dalio’s take on China has changed — though to what degree is debatable.
China’s slowing economy may be the biggest threat to the global economy according to Marc Farber.
Fund Manager Of The Decade David Herro says that, while they are causing short-term bumps, the decline in oil prices and reforms in China should help investors down the road.
Newsletter guru Jim Oberweis, whose China fund is in the top 1% of funds in its class over the past one, three, and five years, according to Morningstar, says investors look at China the wrong way.