David TEPPER ON CNBC

Made $BILLIONS on financials buying cents on $. Says "FED HAS PUT ON MARKET"


"If Fed does more quantitative easing, everythnig will do well"

So he has increased LONG exposure......so either economy improves and stocks rally he makes money, or QE2 the FED comes in provides liquidity and stocks rise he makes money.....sounds pretty simple doesn't it?

What do we know is priced INTO the market? hard to say....FED has already said we got your back. Tepper thinks bonds don't do well under this scenario....food for thought. Not everyone agrees.

D