In Mr Tepper's report, he warns of sharp fall in Australian bank stocks and predicts falls in the Australian housing market of up to 50 per cent in Sydney and Melbourne and of about 80 per cent in mining towns. Economist, Jonathan Tepper, and hedge-fund manager, John Hempton, have gone undercover in Australia to view housing developments and meet with mortgage brokers. The report is based on interviews conducted by the authors of a book published last year called “Inside Job: How Wall Street Traders Rigged Our Financial Markets —
Economist, Jonathan Tepper, and hedge-fund manager, John Hempton, have gone undercover in Australia to view housing developments and meet with mortgage brokers. The report is based on interviews conducted by the authors of a book published last year called “Inside Job: How Wall Street Traders Rigged Our Financial Markets —