How 2022 shocked, rocked and rolled global markets

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David Tepper urges market to trust the Fed, says he is 'leaning short' on stocks

December 22, 2022 9:05 AM EST

David Tepper, the founder and president of hedge fund Appaloosa Management, is bearish on the US. stock market amid the ongoing central bank tightening.

In an interview with CNBC, the legendary billionaire said he is leaning short on the equity markets. He also said hell sell bonds.

The upside/downside just doesnt make sense... More