Trades that benefit from higher inflation made a sudden U-turn following the hawkish announcement from the Federal Reserve last week.
A bipartisan infrastructure plan costing about $1 trillion, around a fourth of what Biden initially proposed, has been gaining support in the Senate.
Oil stocks are the cheapest equities by every measure because people hate them, said Tepper, who runs hedge fund Appaloosa and says he’s going long.
Burry has a haphazard relationship with Twitter. He doesn’t post frequently from his account, but when he does his comments can be controversial.