The Fed won't taper its bond-buying program for three or four months because of the Washington budget overhang, hedge fund titan David Tepper told CNBC.
The question, he said, now becomes: Will the Fed taper in March or June? I don't know now, he added, "they're not tapering for a long time now."
"So that's definitely sort of going to be a push-up to markets," Tepper said in a "Squawk Box" interview. "Generally speaking, markets will go up, [because] my basic belief has been when you have large (quantitative easing), markets go up."