Tuesday, January 13, 2015
Roller Coaster Market
There is no doubt wealth is being increased dramatically for the few in America's volatile stock markets. It is great to be Warren Buffet, but there is only one Warren Buffet. Hedge funds and high volume brokers seem to do alright whether stocks go up or down. It is the poor sucker who has individual stocks or a 401k who is heartsick at recent losses. The small investor is often worse off now while elite investors are making more money than ever. Wage stagnation also hurts the proverbial "little guy". Barack Hussein Obama promised to be a President who would help the so-called "middle class". In more than one and a half terms, Obama has failed miserably in boosting economic prospects for the vast majority of Americans.