Its not manipulation at all. This market is being driven by the strong earnings season, the rapidly improving US economic reports, low interest rates, and the huge growth in Far Eastern economies. The bull market took a pause to reflect on Ireland and sold off for a few days. But Ireland is a lot smaller economic country then China or the US. Korea was more of a real threat to damage the market but as long as things are gotten under control it becomes a nonissue. Historically, the markets being up 10-15% in a year is pretty average. Given that we are only in the second year of a strong bull market, it is not surprising to see a 5% year heading towards a final result of 15-20% return. Stop worrying about it and invest long in something with strong earnings and a good balance sheet.