These "genius" investors simply react to the lies published by Obama's BLS and then trade Billions depending on which way Janet Yellen parts her hair in the morning. They know NOTHING of the real economy, just the inflated Bubble of the soon to be destroyed Stock Market.
These speculators ignore not only the experience of Main Street Americans represented in these charts, but also the elephant in the room: If the economy has recovered, why hasn’t the Fed raised interest rates? The answer is clear: an economy that is worse off than it was when interest rates were higher cannot sustain an interest rate hike. At least, not with an even worse crisis than what came before…
Most of us can kiss it all goodbye - our IRA, 401K, and savings. What is not lost in the coming Absolute Depression will be seized by the Federal government.