Squawk on the Street

Record Highs for the Blue Chips, Key Fed Inflation Gauge Reaction, China's Stimulus Rally 9/27/24

Sep 27, 2024
Billionaire investor David Tepper shares insights into the latest market rallies and economic trends. He discusses the implications of the Fed's recent inflation data, which unexpectedly showed a tamer reading, sparking a surge in Dow stocks to record highs. Tepper highlights China's impressive stock market rebound, spurred by government stimulus, while also addressing challenges in the telecom sector, particularly the Dish-DirecTV merger. His perspective on Japan’s market dynamics offers a global view on investment strategies.
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