iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

DAVID TEPPER: The ECB Has Given Investors Another Free ‘Put’ And Nobody Has Even Noticed

“Hedge fund manager David Tepper is on CNBC, and he just made an interesting point…

The ECB has just given investors another free “put” in Europe, and nobody is talking about it.

Specifically, the majority of the ECB has voted to lower interest rates, although it hasn’t been done.

What it means is that Draghi can now lower rates anytime he wants….”

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