Tepper: Facebook, Google And "The Myth Of Capitalism" [zero hedge]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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Source: zero hedge
In this week's MacroVoices podcast, host Erik Townsend interviews Jonathan Tepper, author and co-founder of research shop Variant Perception. During the course of a meandering hour-long conversation, the two men discuss everything from VPs outlook on China's economy and oil's role as a recession indicator, to the problems inherent in the US's version of capitalism.After some well-deserved humblebragging about VP's call to avoid cyclicals and stick with defensive shares, a call that finally panned out during the "Shocktober" market selloff, the two men turned to the subject of China and the possible long-term repercussions of the US-China trade war.Asked for his view on Chinese markets, Tepper admitted that he had no insight into how the trade war might be resolved - or if it will be resolved. Instead, he seized the opportunity to pitch Variant Perception's Chinese leading indicator index, which he said has consistently put his clients "in front of some of the most cyclical profitable
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