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To: Buckeye McFrog
“What’s good for Wall Street is not ALWAYS good for America.”

Unfortunately true. In part this is because making money on Wall Street doesn't depend upon the market doing well as much as it depends on the market ‘moving’.

You just know that a fair number of traders made money after the Brexit vote, and they probably didn't even have to ‘bet’ one way or the other. Trading can be done literally in microseconds now, and you could time sells and trades in such a way to both contribute to the precipitous decline, and profit off of it. This makes the market into a game, not a place to make wise long-term investments based on solid economic principles. Most of us who are in the market (I am) are just along for the ride, hoping to catch the crumbs that fall off the table.

46 posted on 06/28/2016 6:02:17 AM PDT by pieceofthepuzzle
[ Post Reply | Private Reply | To 39 | View Replies ]


To: pieceofthepuzzle

They have younger brothers and sisters who will be turning 18. And there is absolutely no reason to think they’ll believe any differently.

This country will elect someone just like Bernie within 2 election cycles.


51 posted on 06/28/2016 6:09:35 AM PDT by Buckeye McFrog
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