Three signs that the stock market rally is on borrowed time

Yesterday was another 'risk on' day in the stock market. The FTSE 100 rose 0.6% as investors' nerves were calmed by a lower US dollar. When this falls, most other assets rise. This week, though, there's been a wobble about QE2 - the next round of quantitative easing, aka money printing. Market rumours are that the US Federal Reserve will now print less money than had been expected. For global share prices, that was seen as bad news. Wall Street and the City want more, as Dominic Frisby talked about yesterday. But just how much QE hype is baked into stock values? The answer is worrying. Let's have a look...