Peter Tchir: Time To Sell The News
Peter on the market impact of positive market impact of Covid-19 vaccine news. He believes the prospect of a comprehensive fiscal stimulus is already priced into the market, and equity valuations reflect this potential event. Peter also notes that election hedges have largely been unwound and Telsa's inclusion into the S&P 500 has been part of the bull case catalyst.
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Peter Tchir: Time To Sell The News
Peter on the market impact of positive market impact of Covid-19 vaccine news. He believes the prospect of a comprehensive fiscal stimulus is already priced into the market, and equity valuations reflect this potential event. Peter also notes that election hedges have largely been unwound and Telsa's inclusion into the S&P 500 has been part of the bull case catalyst.