Cheap stocks? To me, everything looks pretty inflated from the QE fun we've had since 2009. What goes up, must come down. And over the past 7 years, stocks have

Cheap stocks? To me, everything looks pretty inflated from the QE fun we've had since 2009. What goes up, must come down. And over the past 7 years, stocks have gone pretty far up. Now the party is over thanks to the Fed. Or, to put it more visually, take a look at the graph of the S&P 500 since 1994: http://i.imgur.com/5Kn5XJM.gif http://i.imgur.com/5Kn5XJM.gif I think that does a good job of illustrating our problem here.