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David Tepper buys shares after the market's worst week in a decade




On Monday, hedge fund manager David Tepper said he was buying some shares after the markets had their worst week in a decade.

It's still a tough market and investors have to be careful about their exposures, he told CNBC's Scott Wapner on Monday, but the market move lower on Monday after Last week's sharp sales gave an opportunity to "crush some stocks."

The Dow Jones Industrial Average dropped more than 200 points on Monday but was up from its downs, the index heading for its worst December since the 1[ads1]930s Carpets, whose Appaloosa Management has $ 14 billion in assets under management, told CNBC in October that he was "cautious" on the market.

President Donald Trump and members of his administration have been bothering over the past few days of market decline. criticized the Federal Reserve's interest rate hike, saying in a tweet on Monday that "the only problem our economy has is Fe d. They have no sense for the market. "



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