Billionaire investor David Tepper on China: Central bank comments ‘exceeded expectations’
David Tepper, Appaloosa Management founder and president and Carolina Panthers owner, joins ‘Squawk Box’ to discuss his thoughts on the U.S. markets, state of the economy, the Fed’s interest rate decision, his bets on the Chinese market and where he’s finding opportunities, why he sold 84% of his stake in Nvidia in the second quarter, 2024 election, and more.
20 Comments
China is going soar! US markets are overvalued. If you can handle the political risk China is a buy.
Fae Parkways
Beijing should shut this guy up.
It's all fake. Don't believe what he said. India is the number one in the world, and investing in India is the best choice.
Shorting BTC. Its in Chinese hype but Chinese govnt will not approve something they can't control. That is why they banned it first place.
CNBC is 1. entertainment 2. into celebrities 3. into large companies, not pro-competition which is actually better for both business and consumers 4. A true waste of time for investors, but probably helpful for traders (Good luck since this is a coin toss game)
Tepper is wrong. Buying equities in a totalitarian country is follish since there is no rule of law. Invest only in developed markets.
Julio Island
Sure support the communist ! This guy throws drinks on his own NFL fans. Bad Owner Bad advice. Always and only invest in America . Why would Americans invest in a country that wants to wipe us off the face of the Earth. So many propaganda China Videos on YouTube now. China is done!
Why would Tepper come on and do that? The CCP has pulled the rug out from underneath their stocks so many times. I think he’s trying to exit large positions in EEM and CQQQ and needs liquidity.
01265 Evan Lodge
Wouldn’t touch China with 10-foot pole. Govt can destroy any company or industry at a whim
"Is Sorkin a Chinese name?" Where the heck did that come from lmao
The U.S. owes trillions in debt, and the interest alone is in the trillions as well. Yikes!
Finally, the China bashing will end.
this guy is just super smart, down to earth, critical thinking skills, and i'm a chinese guy
🎉🎉🎉
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1:05
Why are we bothered about China? Biden is delusional in Ukraine, Powell is as confused as we are and Yellen loves getting high on mushrooms in China, nothing can save the US dollar.