Hedge fund guru David Tepper says low interest rates should continue to push stocks higher. Tepper tells CNBC that he thinks interest rates will be lower in the future than they have been historically, which he says many aren’t factoring in to their market predictions. While growth is also likely to be slower than it had been historically, he thinks the lower rates will help offset that. In a separate video, Tepper discusses why he thinks the Federal Reserve isn’t going to taper its asset purchase efforts for “a long time now”, which he thinks will keep stocks rising.
- Related Articles