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IPFS News Link • Stock Market

David Tepper: "My Balls Are In My Jockstrap," As Stocks Could Drop Another 15%

• https://www.zerohedge.com, Tyler Durden

Did you hear that Connecticut billionaire Ray Dalio, big finance guy, and his wife are donating $4 billion to health care workers to pay their bills? What a patriot! Did anyone tell Bernie Sanders?

— Bill O'Reilly (@BillOReilly) March 23, 2020

...another hedge fund titan who presciently described the novel coronavirus outbreak as a "game changer" just six weeks ago is warning investors who are still desperately trying to catch a falling knife that he doesn't expect the carnage to end anytime soon.

Appaloosa Management founder and Carolina Panthers owner David Tepper spoke with CNBC's Scott Wapner on Monday, and warned that the market could fall another 10% to 15%.

Though Tepper also noted that he has started "nibbling," buying some high-quality names, particularly in the tech sector.


www.universityofreason.com/a/29887/KWADzukm