Go out on the street and try to find five people who give a shit about whether or not JPMorgan settles with the government this week or next. Try and find someone who’s got a 401(k) full of stock mutual funds who needs an SAC admission of guilt in order to “have their confidence restored.”
Are you kidding me?
Here’s a screengrab from the homepage of Yahoo Finance right now:
Karl Marx had it wrong when he said that religion was the opiate of the masses.
Portfolio gains are.