Don’t Fear the Taper, Stocks Still Strong: Tepper Text Size Published: Friday, 21 Jun 2013 | 8:31 AM ET By: Jeff Cox | CNBC.com Senior Writer
David Tepper President and Founder Appaloosa ManagementAny Federal Reserve money-tightening will come due to a stronger economy and shouldn’t scare investors, hedge fund manager David Tepper told CNBC Friday. As Wall Street digests statements earlier this week from central bank Chairman Ben Bernanke, Tepper—the widely watched head of Appaloosa Management—said the news is actually good.