May
04
Appaloosa’s Tepper Warns Investors Against Fighting ‘Four Feds’
ByDavid Tepper, president of Appaloosa Management LP, speaks during the 20th Annual Sohn Investment Conference in New York, on May 4, 2015. Photographer: Andrew Harrer/Bloomberg
David Tepper cautioned that investors shouldn’t fight accommodative central bank policies in the U.S., Europe, Japan and China that are usually bullish for stocks in those regions.
“Don’t fight four Feds,” Tepper, who runs $18 billion hedge fund Appaloosa Management, said at the Sohn Investment Conference in New York on Monday…
Appaloosa’s Tepper Warns Investors Against Fighting ‘Four Feds’