Tepper nervous about Central Bank complacency

Tepper nervous about Central Bank complacency. David Tepper, the founder of US Hedge Fund Appaloosa Management LP and one of the top performing money managers says he's nervous about markets because the US isn't growing fast enough and central banks are now showing signs of complacency. We have this term called coordinated complacency to describe the world's central banks right now. The market is kind of dangerous in a way. Tepper says he's more worried about deflation than inflation and that this is the time to preserve money. I think it's nervous time he said, adding that markets may grind higher in the near term. (VIEW LINK)


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