MORE CONFIRMATIONS THAT CENTRAL BANKERS ARE NOW OPERATING BEHIND THE SCENES
ALSO READ:
WHEN DID THE FED START BUYING EQUITIES? - INDICATIONS ARE WHEN "TAPER" ENDED!
EARNING DIVERGENCE
At precisely the end of the QE "TAPER" program we again witness another inflection point. This time it is the divergence of the S&P 500 from earnings as measured by the 12 month trailing EPS.
Something or someone began supporting and lifting the market at the end of the Fed's QE "TAPER" program.
Who would have had the motive, money and means to do this - and also chose this timing to do it???
Circumstantial evidence? I suspect the court of public opinion would return a conviction.
