David Einhorn’s is Cautious on Economy: $GLRE Call

David Einhorn's is Cautious on Economy: $GLRE Call



David Einhorn is Chairman of Cayman Islands-based reinsurer, Greenlight RE. The company announced earnings today and Einhorn spoke on the conference call.

He noted he was bullish on stocks but:

“This enthusiasm is tempered by our continued concern about the structural sovereign-debt problems in Europe and Japan, a slowing Chinese economy, and high oil prices and general inflation connected to the Fed’s continued insistence on maintaining an emergency zero percent interest-rate policy, which we believe is no longer useful or effective.”

The full interview can be listened to at the link below:

GLRE call