The Fed will make 'everything' go up

Print

David Tepper, president & founder of Appaloosa Management gives a rare interview to CNBC. Tepper is the billionaire who runs the $12.4B fund.

Tepper explains what drove him to buy stocks at the depths in 2009 and why he remains very bullish about the stock market. Tepper says there are only two scenarios at this point in the game: 1) The economy improves and stocks rise, or 2) the economy will decline and the Fed will induce a rally in stocks via Quantitative Easing.

 

The full interview:

Part 1:


Part 2:


(Source: CNBC)

BLOG COMMENTS POWERED BY DISQUS