If the FED turns off the printing press this market is toast. The only reason the market has gone up at all since 2008 is the easy money falling from the sky to wall street.
Look at company earnings like Walmart and other retailers not good... $8.00 To $10.00 an hour part time jobs with no benefits. This doesn't look like a recovery to me. Plus the fact that 1 in 6 Americans are on food stamps that's almost 50 million people that can't afford to eat without assistance. hmmmm recovery???
As interest rates rise the already dismal housing recovery will get worse.
The real unemployment numbers are double what the Government numbers are according to many economist that aren't paid to lie for Obama.
Also inflation is much higher than being reported. Just go to the store for food or pump some gas and ask yourself if your paying more than you were in 2008, 2009,2010,2011,2012 or now. This is the real reason the Fed can't keep printing money. Not because the economy is doing better or you would see bellwether companies reporting solid earnings and hiring people not having layoffs, #$%$ earnings and weaker long term outlooks..
Then throw in the uncertainty Obamacare has created and you have a perfect storm for a market crash or at least a huge correction until we can get some real change.
Oh, and I know the resident troll will ask me if I have considered moving to Ecuador. My answer is maybe I will. But, why move when the only thing better there is the weather.