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Fed's Intervention Will Make 'Everything' Go Up: Tepper
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Fed's Intervention Will Make 'Everything' Go Up: Tepper# Stock
b*y
1
Fed's Intervention Will Make 'Everything' Go Up: Tepper
Published: Friday, 24 Sep 2010 | 9:27 AM ET Text Size
By: Jeff Cox
CNBC.com Staff Writer
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Government intervention in the financial markets virtually guarantees
that most investment choices will go up, hedge fund manager David Tepper
told CNBC.
CNBC
Even though market reaction has been tepid, Tepper said this week's
Federal Reserve Open Market Committee statement reflected a clear "put"—
or the equivalent
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b*y
2
"Then what's going to do well? Everything, in the near term (though) not
bonds...So let's see what I got—I got two different situations: One, the
economy gets better by itself, stocks are better, bonds are worse, gold is
probably worse. The other situation is the fed comes in with money."
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b*y
3
If that's the trend, start shorting Gold
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