I caught this on Zero Hedge today and I wanted to make sure that everyone had a chance to watch it.
Joe tells it like it is in this interview. I loved it! The market and the economy couldn't be further apart, and its turned the stock market into one giant speculative casino.
IMO, the distortions between where the market is trading versus how the economy is doing is setting up the bulls for a major beatdown unless the economy recovers sharply. At the same time, its hard to call tops and fight the trend. Good stuff!