Tornado Alley (PROG)

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Surely the Fed would never knowingly promote inequality.

The U.S. central bank bought $3.5 trillion worth of bonds during successive rounds of QE between 2008 and 2014. This lowered bond yields and chased investors into riskier assets such as S&P 500 stocks. Most of these companies took advantage of the artificially-low rates not to expand their business and raise wages, but to return money to their shareholders via buybacks and dividends. As stockholders are typically the wealthiest Americans, this has the unfortunate residual effect of exacerbating income equality.

http://www.bloomberg.com/news/articles/2016-05-24/japan-may-be-onto-something-with-its-new-etf-style-qe