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Stocks Up Only If You Use Shrinking Yard Stick

|Includes:SPDR S&P 500 Trust ETF (SPY)

Today S&P 500 was up 1.22%; as of 5 pm dollar index (www.barchart.com/charts/stocks/$DXY) was down 1.24% so in non dollar terms US stock indexes went down. The Fed did not create any wealth today.

Disclosure: I am short SPY.

Stocks: SPY