It's not just the proletariat's savings. It's eveyone's. Some places have negative rates. You pay the bank. This means that money had to go some where. We have

It's not just the proletariat's savings. It's eveyone's. Some places have negative rates. You pay the bank. This means that money had to go some where. We have it in the market. As a result smart people and dumb people like me have waited for the market to adjust down 25% or more. I lost 2k on a market short ETN. Given the amount of money just looking for a home the market has no where else to go but up until that money stops.