Rick Santelli video: How stocks are getting 'goosed'
CNBC's Rick Santelli says "all roads do lead to the Fed" when you look at what's really driving stocks higher.
On Monday's "Santelli Report," Rick displays a chart prepared by The Wall Street Examiner. It shows a strong relationship between the size of the Fed's balance sheet and stock prices.
Rick notes that the money the Fed uses to buy bonds and mortgage-backed securities goes to the 21 "primary dealers" authorized to participate in the Fed's "permanent open market operations."
He argues it is the firms that have financial relationships with the primary dealers that are "in essence the entities that are goosing the stock market."