Tepper says do not fight liquidity

David Tepper summed up the classic trap of trading against liquidity.
He said he is constructive because of easing, even though levels are not cheap.
That is the uncomfortable part of markets.
Valuation can look stretched, sectors can look overheated, and the tape can still move higher if liquidity is flowing.
You can be right about prices being expensive and still lose money fighting the money printer.