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

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

Billionaire investor David Tepper said the stock market is one of the most overpriced he’s ever seen, only behind 1999.

Before Wednesday’s sell-off, it was “maybe the second-most overvalued stock market I’ve even seen,” Tepper said Wednesday on CNBC’s “Halftime Report.” “I would say ’99 was more overvalued.”

“The market is pretty high and the Fed has put a lot of money in here,” Tepper said.…

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