$SPY $SPX $DJIA $DIA 90% of all financial assets are owned by 10% of the people. Plowing all of our national resources into a paper asset bubble that benefits so few is why the real economy hasn't been able to get out of second gear for a decade. The real economy has sucked for a decade - slowest recovery in history - coupled with the strongest and longest sustained asset price inflation in history. What the Fed is trying to do isn't working and neither has the 'wealth effect'. This is going to end so badly for so many people.
  • 7
  • 2