Date: July 2012: S&P FOMC Impact.jpg (504×455)

An incredible chart - - the Federal Reserve itself has put together a chart illustration that its interference (errr.... accommodation.....) with the markets is responsible for about 50% of its value right now. If it weren't for the FOMC's interference, the S&P would be at about 600, which coincidentally is my target for it in the next few years.