DAVID TEPPER: THE FED WILL MAKE “EVERYTHING” GO UP

David Tepper, president & founder of Appaloosa Management gives a rare interview to CNBC. Tepper is the billionaire who runs the $12.4B fund. Tepper explains what drove him to buy stocks at the depths in 2009 and why he remains very bullish about the stock market. Tepper says there are only two scenarios at this point in the game: 1) the economy improves and stocks rise. OR 2) the economy will decline and the Fed will induce a rally in stocks via QE. The full interview is attached:

Part 1:

Part 2:

Source: CNBC

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.

He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.