Is the Wall Street bubble about to burst again due to QEII?

First off, the stock market increase has hardly translated into much of anything for anyone outside of Wall Street. Bernanke's Quantitative Easing II has been a blessing for traders but not much else. They are the privileged class who must be propped up at all costs, after all. As for the enormous gains - nearly 100% from the bottom - some are questioning how much more it can grow before it tumbles. The only other times the market saw such rapid growth was in 1934 and 1937. Since we know the Great Depression didn't end at that time, you can guess that there were a few hard tumbles following the bubble gains.

So how would a market collapse impact most Americans since the upside has not translated? Think about how the employers reacted when the market dropped the last time. It will provide them with a new excuse to either hold steady with hiring or cut back, again. Who will be there for Wall Street in their next hour of need? Probably all of Washington. Technical analysis from Barry Ritholtz.