BUSINESS
David Tepper says this is the second-most overvalued stock market he's ever seen, behind only '99
BUSINESS

David Tepper says this is the second-most overvalued stock market he's ever seen, behind only '99

Published: May 13, 2020  |  3 min read, 537 words
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Keep Me Logged InKey PointsDavid Tepper: This is second-most overvalued market, behind only '99Billionaire hedge fund investor  told CNBC on Wednesday the stock market is one of the most overpriced he's ever seen, only behind 1999. His comments sent stocks to a session low.He also said some Big Tech stocks like Amazon, Facebook and Alphabet may be "fully valued."Before Wednesday's sell-off, it was "maybe the second-most overvalued stock market I've ever seen," Tepper said on CNBC's "." "I would say '99 was more overvalued.""The market is pretty high and the Fed has put a lot of money in... READ MORE
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