Perma bears blame the Fed for the stock market's gains. 

Here is the TTM EPS for $SPX since 2000 -

EPS was ~50 in early 2000; its now ~140 in 2020 

In March 2000, $SPX peaked at 1,550; its now at 3,124

Chart from @ycharts https://t.co/PNqR0BDKXt