Advertisement
United States  

“News neutrality by unbiased coverage”
One News Page
> >

'It's a late-innings game:' Hedge fund billionaire David Tepper says he’s dumped some stocks, and warns of a bear market if Trump's trade war worsens

Business Insider Thursday, 13 September 2018 ()
'It's a late-innings game:' Hedge fund billionaire David Tepper says he’s dumped some stocks, and warns of a bear market if Trump's trade war worsens· David Tepper, the co-founder of Appaloosa Management, said Thursday he had reduced his holdings of US stocks. 
· "I think it's a late-innings game," he told CNBC of the bull market. 
· Tepper said that worsened trade relations between the US and China could cause a 5% to 20% decline in the stock market. 

David...
0
shares
ShareTweetSavePostSend
 
Source: Wochit News - < > Embed
News video: Trade War Fears Cancel Tech Boost, Flatten Wall Street

▶ Trade War Fears Cancel Tech Boost, Flatten Wall Street 00:54

According to Reuters, the US stock market experienced little change this week. Stocks were level on Tuesday, as gains in tech futures helped Nasdaq regain footing. These gains helped stem losses in other sectors sparked by fears of trade war escalation. President Donald Trump recently threatened...

You Might Like


Recent related news

Micron outperforms, but trade war costs emerge

BOISE, Idaho (AP) — Micron's stock is down nearly 6 percent ahead of the opening bell with collateral damage from the U.S.-China trade war overshadowing a...
SFGate - TechnologyAlso reported by •SeattlePI.com

Why Chinese stocks have shrugged off Trump’s tariffs

Latest action by US offers some clarity to market already hit by trade war fears
FT.com - USAlso reported by •Business Insider

Energy, Healthcare Stocks Lift TSX

The Canadian stock market ended on a strong note on Tuesday, as investors shrugged off trade war concerns and picked up stocks, tracking higher crude oil prices...
RTTNews - Markets


Tweets about this


Other recent news in Business

'THE HOUSE WITH A CLOCK IN ITS WALLS' wins a quiet weekend box officeCOMCAST Outbids Fox And Will Acquire British Broadcaster Sky
Actor locked out of TWITTER over tweet that violated rulesUK’s Labour party ponders supporting new BREXIT referendum

Recent related videos

Asian Stocks Increase Gains [Video]Asian Stocks Increase Gains

TOKYO (Reuters) - Asian stocks extended gains on Friday thanks to Wall Street scoring all-time highs, as investors gravitated to the view that the latest exchange of tariffs between the United States..

Wochit Business -   00:40

World Stocks Up, Trade War Fears Down [Video]World Stocks Up, Trade War Fears Down

MILAN (Reuters) - A bounce in world stocks on relief that fresh U.S. and Chinese tariffs on reciprocal imports were less harsh than feared continued on Thursday, although investors remained wary about..

Wochit Business -   00:39

World Stocks Solid As Trade War Underwhelms [Video]World Stocks Solid As Trade War Underwhelms

MILAN (Reuters) - A bounce in world stocks in relief that the fresh U.S. and Chinese tariffs on reciprocal imports were less harsh than feared continued on Thursday, although investors remained wary..

Wochit Business -   00:47

Ex-Trade Rep. Hills on Nafta Negotiations, China Trade War [Video]Ex-Trade Rep. Hills on Nafta Negotiations, China Trade War

Sep.19 -- Ambassador Carla Hills, a former U.S. Trade Representative, examines the state of Nafta negotiations and the Trump Administration's strategy on China trade. She speaks with Bloomberg's David..

Bloomberg Politics -   04:19

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+  •  FOLLOW us on Pinterest