David Tepper Tells CNBC He Is Not Nervous Anymore

Known as a strong perma-bull, David Tepper shook the markets with his pessimistic comments at the SALT Conference. While speaking to the who's who of the financial industry, the hedge fund manager preached caution. Fast forward three weeks later, and Tepper's major concerns are now alleviated.

Tepper's concerns have subsided

David Tepper, who manages $20 billion in assets Appaloosa Management, spoke to CNBC today where he calmed the markets with his soothing comments. CNBC's Kate Kelly reported that ECB's historic decision to cut rates has satisfied Tepper's major concerns about the markets. Tepper said that doubts regarding...