December 22, 2024

David Tepper says the Fed has to cut rates at least two or three more times to keep credibility

 David Tepper says the Fed has to cut rates at least two or three more times to keep credibility

David Tepper says the Fed has to cut rates at least two or three more times to keep credibility

Appaloosa Management’s David Tepper said the macro setup for U.S. stocks makes him nervous as the Fed eases policy in a good economy like it did in the 1990s.