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interest ratesCNBC
•71% Informative
David Tepper says investors should believe the Federal Reserve when it says it will lower interest rates.
The Fed last week sliced half a percentage point off benchmark rates, starting its first easing campaign in four years .
Tepper said the macro setup for U.S. stocks makes him nervous as the Fed eases monetary policy in a relatively solid economy like it did in the 1990s .
The hedge fund manager revealed that he's going all in on China on the back of a rate cut.
VR Score
82
Informative language
87
Neutral language
50
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English
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38
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