1)

Why does Hashem laugh (or smile) at the Rasha?

1.

Radak: He knows what will be in the end.

2.

Malbim: This itself (that Hashem 'smiles' at him, and gives success to him) will be a reason for his downfall.

2)

What is the meaning of "Yavo Yomo"?

1.

Radak: When the Rasha is haughty over the Tzadik, then will come his payment and breakage.

Sefer: Perek: Pasuk:

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