David Tepper's earlier remarks that Fed intervention is sure to boost most investments may have...

|By:, SA News Editor

David Tepper's earlier remarks that Fed intervention is sure to boost most investments may have helped goose the market, but he's wrong, Prag Cap says. "We must see an increase in aggregate demand that leads to higher corporate revenues that leads to hiring that leads to real economic recovery. If you’re banking on QE to generate real end demand, you're mistaken."