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David Tepper says hard to bet against stocks with Fed, vaccine

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CNBC’s Jim Cramer said Friday that hedge fund billionaire David Tepper has a more positive view on the stock market, with coronavirus vaccines getting rolled out across the U.S. and the Federal Reserve staying accommodative.

The “Mad Money” host said investors should take note of Tepper’s outlook, given that the Appaloosa Management founder sent Wall Street an early warning shot last February about the risks the coronavirus presented financial markets.

“I don’t want to say he’s wildly bullish. I would say he’s very constructive,” Cramer said on “Squawk on the Street.” “He saw this coming. He knew to get out, and now he feels there are pockets where you should be in, pockets of very…



Source cnbc.com

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