David Tepper said the market turmoil this week was partly caused by the Federal Reserve’s messaging on its aggressive tightening schedule.
Source
David Tepper calls Fed’s tightening signal an ‘unforced error’ that’s brought ‘unhinged’ markets

World
Luxury carmakers flag combined costs of $889 million as U.S. tariffs bite
Key Points Luxury carmakers Porsche, Mercedes-Benz Group and Aston Martin on Wednesday each outlined the extent to which U.S. import tariffs have taken their toll. Collectively, the carmakers warned of combined costs exceeding 770 million euros ($889 million). “This is not a storm that will pass,” Oliver Blume, chairman of the executive board of Porsche, […]
Read More
World
Euro zone economy ekes out better-than-expected 0.1% growth in second quarter
18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Sina Schuldt/picture alliance via Getty Images) The euro zone economy eked out a better-than-expected 0.1% growth in the second quarter, compared to the previous three-month stretch, flash data from Eurostat showed Wednesday. Economists polled by Reuters had anticipated euro zone growth to flatline […]
Read More