What is under the stock market? Is the market reflecting an economy which is fundamentally strong?
Santelli is absolutely right. All economic roads do lead to the Federal Reserve. The market is not fundamentally strong. It is artificially inflated by Bernanke and the boys at the FOMC.
What happens every time talk gets serious about ending QE? The market swoons and then Bernanke reassures world markets that the drugs will continue to flow.
How do we get out of this addiction? We’ve been asking this for a long time now. It appears that the only thing that is assured is that detox, whenever it comes and for whatever reason, is going to be a bear.