JimBowie1958
Old Fogey
- Sep 25, 2011
- 63,590
- 16,756
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And it is not collapsing.
I hope you are right, but given your track record for believing whatever the hell you want, facts be damned, your opinion is pointless.
The market mechanisms that are supposed to give us real value prices for products sold are all rigged to grow upwards and rarely allowed to correct themselves. The advice the Federal Reserve members give the Chicoms about not interfering in their stock market our own banks do on a regular basis, then drip dollops of insider information as they 'survey' the market members and makers. Then the surveyed sell news bulletins that include this insider information that the stock markets and banks do business on. The HFTs get prior access to market data streams and post fake entries to alter the market then cancel them thousands at a time.
Our markets are bullshit, the insider trading that goes on is about the only reason anyone other than a machine makes any money and the Wall Street bankers have bought the last tow presidential elections in order to protect their insider trading rackets.
Fuck the markets.