This is your opinion. The Fed never "explicitly" said QE was for "tricke-down".

You are equating the "wealth-effect" with "trickle down" - they are not the same.

The Fed described the wealth effect of stable home prices because people, at the time, were re-financing their homes and taking home-equity loans, which created spending.

Another "wealth-effect" are the stimulus checks. Are you suggesting those too are "trickle down".

The reality is that having more money stimulates spending. Trickle down specifically means only giving the RICH more money (traditionally in the form of tax breaks).

You comment completely conflates these two different notions.