This Reuters article shows how the Fed has essentially taken money from savers and given it to corporations which has helped to drive up the stock prices. Excerpts from the article:
Lower rates account for almost 40 percent of total profit growth, which does not include savings from lower leasing or rental costs because of the low rates, van Batenburg said. Read more
"The result is that corporate America has seen a substantial decline in its cost of capital and it has greatly benefited its bottom line,"