RE:A friend of mine...The US QE money has nowhere to go but into the broad market - interest rates are near 0% and new QE dollars theoretically debase existing dollars; the inflation statistics (CPI) are a lie as is the unemployment number. As the Labor Participation number decreases, unemployment is skewed lower.
With nowhere to go but into the market, it is just an 'inflated asset', better known as a 'bubble' and all bubbles eventually burst. Too much money printing leads to too much liquidity while there is little to no velocity of that money and it's way over leveraged.
IE: the economy really, really sucks. Still, you own diamonds in the ground and not a claim on Google/Apple/Facebook.
GLTA
https://www.shadowstats.com/