We now have to look at 2 different economies whenever new data comes out. This astonishing analysis shows that the 1% economy is now moving in an opposite direction from the 99%. This is the inevitable consequence of the special privilege the Federal Reserve provides. They are simply ensuring that a special few can make interest on nothing.

Broken Money, Broken Markets
Today’s new highs are increasingly mechanical, not fundamental — and in a broken market, your 401(k) is the exit liquidity.

