Fearing the Fed and China, David Tepper’s Appaloosa Gets Defensive

The New Jersey–based manager is thought to be worried about what impact a U.S. rate hike and a China slowdown would have on the markets.


Peter Foley

David Tepper, Appaloosa Management (Bloomberg)

Appaloosa Management’s David Tepper has gone into defensive mode.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.