David Tepper discusses his general outlook on markets (main)
Tepid Tepper? David Tepper discusses what he's looking to buy now (previous)
Tepper's New 'Bank' Investment (earlier this morning)
Note From CNBC:
The investing climate still looks good to hedge fund manager David Tepper, though perhaps not as good as it did when he made his noted proclamation in September that "everything" will go up, setting off an aggressive stock market rally.
Stubbornly high unemployment along with lingering questions about sovereign debt and runaway growth in China have the head of Appaloosa Management a bit less bullish than he was when he triggered what is often referred to as the "Tepper Rally" four months ago.
But he said in a CNBC interview Friday that he remains mostly positive about the state of the US and corresponding investment choices.
"So much uncertainty has been alleviated. The economy is so much better now," Tepper said. "This country looks good. This is not my concern."
Source: CNBC, January 21, 2011
