Here's How Much QE Helped Wall Street Steamroll Main Street - BofA

``For every job created in the U.S. this decade, companies spent $296,000 buying back their stocks, according to the New York-based bank. An investment of $100 in a portfolio of stocks and bonds since the Federal Reserve began quantitative easing would now be worth $205. Over the same time, a wage of $100 has risen to just $114. For every $100 U.S. venture capital and private equity funds raised at the start of 2010, they are now raising $275, but for every $100 of U.S. mortgage credit extended five years ago, just $61 was extended and accepted this June, BofA said... The results represent a clear victory for Wall Street over Main Street, according to the team of Michael Hartnett, BofA's chief investment strategist.''