On the record about
2 people · 3 quotes · 19 Dec 2019 to 22 Dec 2022
2 of 2 lanes rest on fewer than 5 quotes and are marked thin. Offsets are days from the middle first-quote date, 19 Dec 2019 — a date, and nothing else. It is not a claim about who reached a view first.
Druckenmiller is long equities and commodities, short bonds and yen, and long commodity currencies betting on benign economic outlook.
“I'm long equities. I'm long some commodities. I'm short fixed income. And I'm long commodity currencies. Short the yen. So all sort of for now.”
Tepper says junk spreads down 150 basis points since fall peak, which doesn't help Fed's tightening goals.
“Junk spreads down 150 basis points since their peak in early October, late September. That doesn't really do a lot for you if you're the fed.”
Tepper says he is leaning short on bonds despite being generally an optimist by nature.
“But for me as a hedge fund manager, I'm going to lean short. You know, I'll be short bonds and I'm not a great, I'm like generally an optimist.”