David Einhorn says investors should be 'bearish on stocks and bullish on inflation'
Publishing timestamp: 2023-03-01 14:37:49
Summary
David Einhorn of Greenlight Capital believes inflation and interest rates could rise higher than expected, and is bearish on stocks and bullish on inflation. He had a good year in 2022, and is still short some "bubble" names. He is net long by a small amount and has strong conviction in value picks in his portfolio. His biggest long positions include Green Brick Partners, Brighthouse Financial, and Consol Energy.
Sentiment: MIXED
Tickers: GRBK, AAWW, TECK, TWTR, BHF, CEIX,
Keywords: business news, breaking news: investing, green brick partners inc, wall street, breaking news: business, markets, stock markets, investment strategy, consol energy inc, brighthouse financial inc, breaking news: markets,