Ever since David Tepper made his epic bullish call on CNBC in the fall of last year, the investment world has been following what he says.
Well tomorrow, he’s going on CNBC for the first time since then – and apparently, he’s not as bullish as last time.
From the NYPost:
In an interview with The Post, Tepper said while “the biggest opportunities” will remain in equities, 2011 will be “harder and not without risk.”
“When things go up too high, they will go down,” Tepper said, referring to the recent market surge, which saw the S&P 500 close the year up 13 per cent, in line with his prediction.
It’s a big deal because everyone is expecting him to be as bullish as he was last time. Looks like he won’t be. So if he’s right again…