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.

August 17, 2015

	Peter Foley
	David Tepper, Appaloosa Management (Bloomberg)

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

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