Gold spiked up on the open and was last $1123.40/oz, so Asian investors are laughing at him, too.
We have a global economy. I don’t think they are laughing. If people think the recession that we are ‘coming out of’ is bad just wait until the sucker rally ends. Lots of smart money is already very quietly backing out of the markets. In a day, week or month the little guys are going to watch with horror as their retirement funds give back everything they have gained since March and then some.