泰珀说他现在“不喜欢股票。我也不喜欢债券。我不喜欢垃圾债券，”他认为市场被高估了。
David Tepper, a top US hedge fund manager and worth $15.8 billion, believes that now is not the time to invest in US stocks.
"sometimes it's time to make money and sometimes it's time not to lose money," he said in an interview on Friday. "
As US stocks hit record highs, Mr Tepper warned: "I don't think this is a good investment." I just don't know where interest rates will go next year. I don't think there are any good asset classes right now. "
Tepper says he "doesn't like stocks right now. I don't like bonds either. I don't like junk bonds, "he said." he thinks the market is overvalued.
The yield on 10-year US Treasuries hit about 1.70 per cent on Friday, near its highest level since May, and there are growing expectations that the Fed will soon announce a scaling back of the bond-buying program that has underpinned equities.
Mr. Tepper said investors should continue to invest in the long run, but for his part, he suspended his investments.
"my current exposure is not high," he said of his position in the financial markets.
