[expat_panama]

I think the stock pirate is saying the stock prices were driven up unnaturally by TARP

--and I am grateful for his raising the point. Still, while most folks on these threads say the same thing, every time I look at TARP and stock prices--

--what I see is that stocks tanked when TARP came on line and they recoverd as TARP was wound down.   I mean, who are we to believe, everyone on the FR or our own lying eyes?

[stockpirate]

Your chart is misleading, I didn’t say TARP, QE has been a lot more then just the money in TARP, you and I both know this.

The FED has pumped trillions into the markets via QE.