Remember when the stock market was for investors? People bought stock in a company, held it for months if not years and watched the price go up and down confident that in the long run the direction would be up. If a company had a bad week, month or quarter the public might not know about it until the situation was corrected and the stock price would have been unaffected. Today a corporation may be valued at $100 billion dollars one week $30 billion dollars the next and $75 billion dollars the following week. It is not logical. The value of the stock of a corporation no longer reflects the value of the corporation. The stock market is a crap shoot. Then we find stock market insiders have been misleading the public while cashing in on inside information. The Federal government, who we thought were the watch dogs were getting richer by not watching or working with those we thought they were watching.
Not a good outlook for the stock market in the foreseeable future..
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