Tepper: Fed's all about growth. Buy.

The Fed ins't worried about inflation, and wants "growth first, growth second, and growth third," says David Tepper, opining on the non-taper.

Toss in the stabilization in Europe, the "apparent" pickup in China, and a reasonable U.S. economy, and it's a "pretty favorable environment for the markets."

Broad equity ETFs: IYY, VTI, EXT, TOTS, EUSA, ITOT.

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