David Einhorn on CNBC says:
- Still thinks we should be bearish on stocks
- Adds that investors should be bullish on inflation
- Thinks both long and short-term rates are heading higher and probably higher than what people are expecting
- The Fed does want stock prices lower
- He is very bullish on copper
- company specific he likes Tenet Healthcare (THC), CONCOL Energy (CEIX) and still owns Teck Resources (TECK)
Einhorn had a huge year last year with a gain of 36.6% due to his short position in innovative technology stocks.
