2015-11-23bloomberg.com

``Tepper, the billionaire owner of Appaloosa Management, said last week at the Robin Hood Investor's Conference that the Chinese yuan is massively overvalued and needs to fall further. His comments follow similar forecasts from some of the biggest hedge fund managers, including Crispin Odey, founder of the $12 billion Odey Asset Management, who predicts China will devalue the yuan by at least 30 percent.''



Comments: Be the first to add a comment

add a comment | go to forum thread