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Rally, since we hit bottom eight years ago today, is all the result of the feds easy money policies. The other day when the dow gained points, nasdaq crept up a tiny point with 2 . I think its worth spending some time together debunking that canard because its a bogus story that casts the entire move as a castle in the sand that could be washed away by the wave of the feds impending rate hikes. Look, if you really believe that this epic multiyear increase was all about the Federal Reserve, as so many do, and not about the companies and the ceos and the people behind them that you invested in, then right now you should be scared out of your wits, no doubt, given that were probably going to get a very strong employment report tomorrow which will allow the fed to start tightening, most likely tightening fast. The fed aggressively cut rates during the grease recession because it wanted to entice our country into doing more business and it did it. So lets move on to something more befitting

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