And there are some who break the laws, conspire to manipulate markets and take very little risk. They don't even worry about being prosecuted. Looters.
They are right...the market is way over valued...but what is confounding is that these corrective predictions have persisted for several years now...and from people that know what they are talking about...but somehow, something has propped the market it up...which will probably make the inevitable down turn even worse...in my opinion.
Yep. There are traders out there that thought the stock market was too high and took the risk to go short the stock market. For now, their gain is other traders loss. If they did this a few years ago, their lost would be other traders gain.
I know there are economists that have been predicting the market was overdue for about a 30% correction, and maybe this is the beginning of that adjustment. However, there are a number of very powerful figures that deal in the market, and can stand a temporary billion dollar drop. My mind keeps saying "October surprise."
Do you think the market decline will change many voters from one lame statist party to another? Perhaps I am naive or uninformed, but I don't see many Trump voters switching to the hated Dems if the market drops, and Trump hating socialists certainly aren't going to switch either.
I think Wall St manipulates the market for their own profit. They still control government via corruption regardless of which party is in control and Trump hasn't given Wall St. much reason for concern so far. In fact, a partial housecleaning of some significant members of both parties would probably distract attention from the puppeteers. I wouldn't put it past the Dems to make promises to return to power though. imo, the market has been overbought for several years and is overdue for a significant pullback. Interest rates are going up and Wall St is ready to profit.
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I think Wall St manipulates the market for their own profit. They still control government via corruption regardless of which party is in control and Trump hasn't given Wall St. much reason for concern so far. In fact, a partial housecleaning of some significant members of both parties would probably distract attention from the puppeteers.
I wouldn't put it past the Dems to make promises to return to power though.
imo, the market has been overbought for several years and is overdue for a significant pullback. Interest rates are going up and Wall St is ready to profit.