Friday, September 10, 2021

And you thinks markets are fair?

I learned long, long ago there is nothing fair in market structure in the United States.    99% of financial advisors or stockbrokers or those with fancy titles at major investment firms like "Vice-President" of "wealth management"  (they don't manage wealth, they derive fees and commissions from your assets to keep their titles and offices)  don't have a clue about market structure.  That said, market structure, honesty and fairness in markets are at odds.

The recent revelations on Board members of the Federal Reserve Bank of the United States and their personal trading ahead of Fed policy decisions is a wonderful example about how the rules for the big guys are far different than for the little guys.

Where is the United States Securities & Exchange Commission?

Open your eyes.  All of them, FBI, FED, FDA, CDC, CIA, ATF, CIA, SEC, FINRA (talk about the fox guarding the henhouse) and on and on and on.  Virtually worthless.

The real robbery is yet to come.   There isn't a Democrat alive who will be honest and can describe "HYPERINFLATION" that is on its way to hammer the working class of this great nation.


   

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