Billionaire David Tepper is feeling ‘miserable’ about stocks, but won’t ‘fight the Fed’
Yahoo Finance·2025-09-18 15:33
Hedge-fund investor David Tepper says the rally in stocks can continue with the Federal Reserve cutting rates, but sees danger in going too far. - Justin Edmonds/Getty Images That’s billionaire hedge-fund manager David Tepper, who said Thursday that he’s feeling constructive but pretty lousy about a good year for the U.S. stock market. “We are having a really good year. And I am so miserable for having a good year,” said Tepper, the founder of Appaloosa Management, told CNBC’s “Squawk Box” a day after th ...