David Tepper, who runs the $6 billion hedge fund Appaloosa Management, is growing even more bullish on Chinese stocks amid the nation's new fiscal stimulus measures.
Tepper views China's stock market as more attractive than the US stock market due to valuation differences. Source: Markets Insider
😱 The "shocking chart of the day" that no bulls want to see 😱
Source: Mac10
China shorts are "ALL-IN".
Even more than at *the* Bottom. Source: Macro charts
🔥US STOCK MARKET DOMINANCE KEEPS GROWING🔥
The American stock market accounts for nearly 50% of global market capitalization. It has reached a MASSIVE $55 trillion, or ~200% of US GDP, the most on record. This is almost TRIPLE the value of the Asian and European exchanges. Source: Global Markets Investor, The Daily Shot
Investors bought the most amount of Chinese Stocks on Tuesday in 3.5 years 👀
Source. Barchart, Goldman Sachs
China's stock market is having its best week in nearly a decade.
Source: (((The Daily Shot))) @SoberLook
📢 CHINESE INVESTMENT FIRMS CAN NOW BORROW FROM CENTRAL BANK TO BUY STOCKS.
WILL WE SEE A TRUE RECOVERY OF CHINESE STOCKS OR WILL IT BE ANOTHER FALSE START? Source: Radar
Not a bad week for Dr Burry who is heavily invested in China stocks Alibaba $BABA, Bidu $BIDU and JD.com $JD...
Note that another big bet from Burry - Shift4 payments $FOUR - has also been doing great recently... Source: Guru Focus, Yahoo Finance
