No End in Sight for Stock Market Rally

Back on March 9, the S&P 500 and other major indexes were at 12-year lows. The S&P 500 has jumped 34% since then, and is in positive territory for the year, up 0.44%.

We wrote near the start of this Bull Market move:

Folks, this is known as a BUY SIGNAL.

The rocket fuel the Fed has been pumping since September has started to
launch some rockets.

With the Fed continuing to print money at an annualized rate of between 10% and 15%, we see no reason to alter our bullish stance. However, we caution that this Fed money creation inspired Bull move will ultimately result in massive inflation. It's only a matter of time.