The funny thing is watching the cheerleader press come up with reasons for the drop without every mentioning the whispered FED cutback on QE as a factor.
Bernake and friends have no suckers left at the table to fleece. He is now trapped in his strategy of funding the stock market to convince people all is well. I read somewhere that pension plans have been sitting on bonds and cash since 2007 and refuse to jump into the market in spite of Bernake trying to force them into doing that.
