Excess Money From QE is Causing Hyperinflation in the Stock Market (S&P vs. Monetary Base Since 2009)

Look how the S&P 500 and monetary base have been moving up in tandem since 2009. Amazing isn't it? The second chart is a better view of the hyperinflation going on in the S&P. Hedge fund manager David Tepper told CNBC on Tuesday that if the Fed doesn't "taper off" QE in June, the stock market could super-spike like it did in the back half of 1999 (video below). Boo-yah...

Source: St. Louis Fed

Source: StockCharts.com

On CNBC, David Tepper said all of evidence says stocks are going higher (5/14/2013).

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