The stock market will always go up correlative to the Fed printing more money. As long as more is printed, stocks will go up. The problem is that each dollar printed is worth a bit less than the last one. Read about Germany in the 1930s, Brazil in the 1960s and 70s, and Mexico in the 1980s. Their money became virtually worthless. I remember having a 3/4" stack of 10,000 cruciero notes from Brazil, and the entire stack was worth only a few cents.