The US economy is now dependent on credit growth that is insufficient without additional induced stimulus. The Fed will not be able to complete its current planned withdrawal from QE without causing a recession. At some stage this year the Fed will have to come up with a new plan that may mimic the UK approach.
link to youtube article

Dollars Distort Our Understanding of Wealth
Most investors measure wealth in dollars — but what if the ruler itself is shrinking? Since 2000, the S&P 500 is up nearly 5x in dollar terms, yet priced in

