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The wealthy are still traumatized by the financial crisis in 2009, when many wealthy families were scrambling for cash, he said.

Really?

I believe in capitalism, but their "plight" does not compare to the million who were laid off and lost their jobs.

What's more, many wealthy families missed out on the big financial-market rallies in 2012 and 2013 and feel like they missed the best chance to invest.

Again, this Stock Market is nothing but hot air, created by Fed pumping. The Fed is now leveraged almost 80-1.

I feel like we are heading for an economic disaster of Biblical proportions.