Monday, May 7, 2012

Einhorn's Current Thoughts on the Global Economy

Although we're sure to hear more details of his macro thoughts, and soon, in the recent conference call discussing Greenlight Capital Re's Q1 2012 results, Einhorn noted being concerned of...

  • the structural debt problems in Europe and Japan
  • the slowing Chinese economy
  • high oil prices, and
  • general inflation connected to the Fed's 0% interest rate policy.
What is he doing about it?

Again, we're likely to get more news on this soon, but in the call he mentioned owning...
  • longs or shorts on an individual, non-macro, and compelling basis
  • gold bars,
  • gold miners, and
  • other macro hedges.

You can read a full transcript of his comments over at Seeking Alpha.

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