Before Wednesday's sell-off, it was "maybe the second-most overvalued stock market I've even seen," Tepper said Wednesday on CNBC's ""If you talked to me yesterday, I would've said ... before the market went down, it would've been a 15% down, 5% up type market," Tepper said. "The market is pretty high and the Fed has put a lot of money in here. There's been different misallocation of capital in the markets.
Stocks fell on Wednesday with the Dow Jones Industrial Average dropping more than 500 points around midday. Still, the market has bounced back sharply from its March lows as investors have grown more hopeful about an eventual reopening of the economy. After tumbling into the fastest bear market ever two months ago, thehas bounced more than 30% from that bottom and is now sitting about 13% below its record high from February.
A fool's paradise? The American public does not understand that the flows to the stock market and economy are at the American public expense - that can change at a moment's notice
Doom Monger Billionaire !
When the Fed is bankrolling everything, you have to buy assets or loose money.
Then he bought twitter
1999
Too much financial capital wants to sell short, eat up small retail investors
dinosaur. go play football dave. interviewed with him in 1997...didn't offer me a job.
So, he’s short. 👍
1999 - 'Irrational exuberance' retail bubble 2019-20 - leveraged stock buyback bubble gonna be interesting to see how the wall street gods of the universe cash out. they tried a few times but plowed the proceeds back into securities.🤑
Here is the data
What a joke! He goes out and buy Tesla and makes this comment
Cuban agrees.
Absolutely and NO 1 is questioning it.
That’s all the Republicans worry about. The freakin’ stock market. They’re a one-trick pony!
Must be short.
fluor goodyear wynd Delta all under valued. Lots of room to the upside. We are seeing traffic on the road and in the sky increase as we open up. As people move out of the large cities and the economy rebounds good picks
This isn’t overvalued.
ie. Tepper is short
And clearly we've all been partying just like it's 1999... COVID19 StayAtHome prince artistformerlyknownas 'Markets'
Our goal buy time... Politics taking center stage from economics of this pandemic buying tome for researchers securing economy for 300 million. Apply Nash Equilibrium strategy tax stock market consumer sales fund $2k basic income keep economy moving
Probably cash rich looking to buy so spreading fake news perhaps?
PRINT DAT MONEY JPOW BRRRRRRRRRRR
Why is the IQ of the US President found to be similar to that of a pig? Go ask China!
He doesn’t know. Talking his book. sleazy.
Hmmm. I really question whether he has an ulterior motive
In a way it is too high value for current conditions, on the other hand Federal Reserve printing press will reduce dollar value in long term....Depend on how one looks at it.
Is he buying today, because someone is 😀
Looks like someone missed the rally.
It’s pretty easy to go short. Don’t just talk about it. If it’s overvalued then sale it. simple. talk is cheap
Nikkei225 EPS is falling now Very expensive shopping 5/14 PER 24.59 EPS 809.87 5/13 PER 23.74 EPS 853.71 5/12 PER 18.64 EPS 1092.62 Nikkei average PER14~16 PER16×EPS 809.87＝12957.92 PER14×EPS 809.87=11338.18 5/13 Nikkei225 19914 Stocks should be sold
Good grief. Is this liberal hack day trying to push through this 3 trillion bill for Democrat corruption? We’ve had enough. The media is complicit in ObamaGate.
shorters will have a field day with what's about to come for the S&P and the broader indexes. I know I'm going to be shortening the heck out of Boeing, delta, CCL, and AA.
Will fall 45-50% from here
The Billionaires are “Doom Mongers”, they want the market to go down so they buy. Then they laugh at all those poor people selling in a panic. They go silent, then smart people say now’s time to go back in market. Billionaires laugh again as their stocks go up making millions.
Why post this again? Tepper, Druckenmiller, Mohammed just now. Anyone cynical might say you are trying to knock the market down?!!
Investments in today are called cash. What are they called 18 months from now? Answer: The only thing left is stocks.
Why did you guys put these Billionaires on Your Channel and destroy the market ! They killed the market these last couple of days!
Who risks $$$? Who buys something overvalued? Just inside information? Could it be that the world only lives on greed and lies? Or take advantage of how easy and free the Fed gives us? If we do not correct the mistakes of the past, the future will not have a happy ending.
Mr tepper is betting short sells
Funny! What happened to the HOPE rally for opening and a vaccine. Today it was a reality sell off? Tomorrow will it be another Hope rally? What not just say 'We screw you, because we can?' WallStreetCasino
Mr. Powell didn't say anything that couldn't be applied to many different mkt situations. Traders just needed something to lean on...
You have to wonder, when someone like this makes these claims.
what are your holdings...shorts and puts....tell us before you make statements...bullsh_t
Can I get some tickets to a Panthers game?
Market is full so he needed to create some panic to get in there, and of course wouldn't be durable without the help of cnbc same like Bill Ackman.
I think the big bang is still to come. It will be the european banks that will fall. They can no longer grant loans because they have no equity. According to basel 2 they need this to grant loans!
He definitely bought the pullback that he triggered.
I guess he needs some big $$$$ on short positions to make up for the mistake of buying the Carolina Panthers.
He's short?
Everyone on CNBC: BuT tHe FeD pUt
And because it's down 2% it's no longer overvalued? 🤔
fuckdavidtepper let’s get it trending
The market went up after Tepper advice , it is seems no one believes him and he has no effect in the market waste in time and money advertising in CNBC ,is this was pay add for Tepper ?
No brainer
I should go long after Tepper advice and I closed my short .
Zero credibility for Tepper and CNBC
Tell him close your short .
Tepper is about to make a killing shorting shares. Smh Why do these people with their own agenda continue to get airtime?
barbrrito
Another Bill Ackman moment
Tepper same as ackman when he told us hell is coming.
Seems to me Tepper is hedging everything he says.
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