You weren't addressing that issue. In fact, your argument is deflationary. If you want tighter monetary policy, the stock mkt will go DOWN, not up. Never mind, you're the typical person on here who constantly whines if they don't get bailed out repeatedly.
You can't have it both ways, essentially stating the 0% interest rate policy is incorrect, yet Operation Twist wasn't enough. Have you ever stopped to think there are no policies answers? Total debt to GDP is 350%, compared with the long-term avg of 155%. That's the whole story. It's all you need to know. Well that and what delevaraging means for an economy.
The mkt may be a buy b/c it's been acting okay recently in light of bad news, but it certainly isn't a buy b/c of BB's opinion of the economy. His forecasts have proven dead wrong over time.
Lee Munson just appeared on Kudlow. He's NO longer bullish. That's right - he's NO longer bullish. That's the best case I've heard for owning this mkt yet (something I don't recommend, but this gives me pause). The last time I saw him on the SPX was around 1,240 and he was arrogantly saying how he was "providing liquidity" the market, buying stocks with his "hedge fund."
it was a Financial Times headline...the mkt spiked on it...so u want CNBC to pretend they don't know about the FT story and not report it?