Appaloosa’s Tepper to BBG: Stock Markets Not in Bubble
Appaloosa Management’s David Tepper joined Bloomberg Television’s Stephanie Ruhle this afternoon, live from The Robinhood Foundation Investors Conference. Tepper said U.S. equity markets are not in a bubble,
“I know there’s talk about bubbles, this is not one.”
Tepper went on to say he is short the bond market and it’s time to start tapering.