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Bill Ackman Begs To Differ With David Tepper On Economy

2015-09-14 19:10:33| Chemicals - Topix.net

This weekend, we reported the thoughts of investment titan David Tepper of Appaloosa Management regarding where the market is heading given the revision of growth estimates on account of lagging economies, particularly China, and the downtrodden price of oil. To sum it up, he believed that there wasn't much room for the S&P 500 to head higher, but wouldn't want to be short either, owing to a couple of reasons, which included possible investor enthusiasm if the Fed decides to raise rates in its upcoming meeting.

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