What is helping maintain an artificially high level for the stock market and is also quietly, almost secretly hurting families is the Federal Reserve's continuous "printing" of dollars.
They've been at it hard-and-heavy for almost 2-years now and don't really have to do more than hit a few computer keys to "create" and transfer $Billions.
Not elected by the people they are destroying . . . they answer to no one and obviously work for the benefit of their friends at Goldman-Sachs (and others, but primarily insiders at GS).
Their non-stop creation of money out of thin air also creates inflation and sets the stage for possible hyper-inflation at some point in time.
I know this all sounds very negative, but the position they've place the United States in is VERY serious.
The U.S. Dollar is coming off the sustained lows because of bad news for European countries and, as a result, a hit against the Euro. What's bad for the Euro is good for the U.S. Dollar and vice-versa. In that tug-of-war any news that's good for the Euro will be bad for the Dollar . . . but the Dollar always has the Fed Albatross hanging around its neck so the U.S. Dollar is running a race with its feet tied together.
Chartsky