The Appaloosa LP manager discussed China's easing policy and his Nvidia position in a Squawk Box interview Read More...
David Tepper (Trades, Portfolio) discussed on CNBC’s Squawk Box about how the Chinese Central Bank has started easing interest rates. The Appaloosa LP manager also said that the Chinese would do more and more to help stimulate theeconomy.
Tepper also discussed why his firm does not plan on buying the dip in Nvidia (NASDAQ:NVDA) despite selling more than 84% of its stake in Nvidia during the second quarter.
Watch clips of Tepper’s full interview on Squawk Box below:
This article first appeared on GuruFocus.
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