In a recent CNBC interview, Appaloosa’s David Tepper said that while stocks are not “really cheap,’” current economic conditions provide a solid backbone for the market. “Listen,” Tepper argued, “it’s hard to go short when you still have the drugs being given.” The hedge fund manager emphasized the importance of reduced regulation, a “cornerstone of […]
Investment heavy weights, including David Tepper of Appaloosa Management and Ray Dalio of Bridgewater Associates recently shared their market insights with Forbes. Tepper’s view on the US market is that it trades at around fair value, but that it can “grind higher” barring any major outside event (i.e. a Brexit or something else). The most […]
In a recent CNBC interview, hedge fund manager David Tepper says, “if there was a magic formula, it would be China really easing a lot, and I consider them much much too tight still and they play a lot of games with their economy.” He continued, “not one quarter, but . . . a couple […]
Hedge fund guru David Tepper says US stocks are not expensive right now. “The U.S. economy is pretty good, stocks are not at high multiples right now,” Tepper, told Bloomberg Television.
Hedge fund guru David Tepper says low interest rates should continue to push stocks higher. Tepper tells CNBC that he thinks interest rates will be lower in the future than they have been historically, which he says many aren’t factoring in to their market predictions. While growth is also likely to be slower than it […]
While others are fretting about the possibility of the Federal Reserve tapering its asset-purchasing plan, hedge fund guru David Tepper says tapering efforts would actually be good news. “All the concern in the markets is because the Fed sees the economy stronger in the future,” Tepper said in a statement, according to CNBC. “The bond […]
Hedge fund guru David Tepper of Appaloosa Management says he sees an “overwhelming” case for stocks right now. “I’m definitely bullish,” Tepper tells CNBC “It’s so overwhelming”. He cites the improving economy and housing market and easing policies by central banks around the world as reasons. He also says that fears about the Federal Reserve […]
In a wide-ranging interview on CNBC, hedge fund guru David Tepper offered his take on the market and particular sectors, industries, and asset classes. Tepper says the U.S. stock market looks good right now, and he’s high on semiconductor stocks and likes several financials. Tepper says that “so much uncertainty has been alleviated”, and also […]
David Tepper, president & founder of Appaloosa Management, has produced exceptional long-term returns as a hedge fund manager. In this interview with CNBC, he talks about why he got bullish on banks in early 2009 — with great success — and why Federal Reserve policy and other factors have him adding to his stock portfolios.