Tepper: No More ‘Free Ride’ But Investing Climate Still Looks Good

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. – CNBC

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