Pretty self-explanatory. Market-driven up by QE, and stalled when QE flattened out. Looking at the market and saying it is a "forward-looking indicator" for the economy with FED QE in is like Saying COVID19 will be gone by April when the Warm weather comes, just like MAGIC!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.