Heck even CNBC can answer that question!
cnbc.com/2019/11/07/the-feds-monetary-juice-has-tied-directly-to-the-rise-in-stocks
Schiff advocates for real wealth, perhaps too much looking back over the last decade if one wants to maximize their fiat numbers, but he has not nor advocated anyone stop all gambling scheming in the financial markets.The Federal Reserve has been pumping billions into the financial system after the mid-September tumult in very short-term lending markets known as repo.
As the central bank’s balance sheet has expanded, the S&P 500 has grown at almost the exact pace.
Some on Wall Street worry that the market is back to depending on the Fed’s monetary juice, rather than fundamentals, as the path to gains.