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Friday Outlook: Commodities, Emerging Markets [View article]
For those of us who know how Wall Street really works, there is money to be made. The corporate sponsored criminals, Um.. I mean media, CNBC, et al, will continue to pump the market, collect their millions dollar paychecks, enjoy the best paid for health coverage, their free limo rides from CNBC headquarters and eat their china service meals, all at the expense of GE shareholders, while the rest of america pays for gas, cars, healthcare, etc. But hey, there has been and is not inflation, right?
The US stock market can now claim the true title of most manipulated and corrupt stock market in the free world..congrats!!
Thanks to our own Fed and gov't basically admitting, even lying under oath..LOL, that they buy cash futures and stocks directly thru their investment banks (who in actuality own the Fed) we truly are in a market that is not free anymore.
For short term speculating:
I use the US market as a trading vehicle to capitalize on short term directional movements.
For my long term buy and hold portfolio (yes i still believe it works):
I buy stocks outside the US that trade directly on exchanges in other countries.
The Us market is proving itself to be one big Ponzi scheme, with zero regulation, and no, "after the fact" regulation does not count.