Government intervention in the financial markets virtually guarantees that most investment choices will go up, hedge fund manager David Tepper told CNBC. "What, I'm going to say, 'No Fed, I disagree with you, I don't want to be long equities?'" said Tepper, president of Appaloosa Management which oversees $12.4B in client assets. "We're a bond place, but we changed up to a little bit more equities recently."
Tepper: Fed Intervention Will Make Everything Go Up
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