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“The United States stock market, the most iconic market in global capitalism, is rigged.” – Michael Lewis, author On March 31, Michael Lewis’s Flash Boys: A Wall Street Revolt was released to an expectant audience, some of whom had watched the author’s explosive and controversial interview the night before on CBS’s 60 Minutes .
Stock Market Is Rigged, Explains Michael Lewis On '60 Minutes' - Donald Trump Declared That If Stock Market Dropped By 1,000 Points In Two Days, That President Should Be Impeached Immediately - WHAT HAPPENS WHEN MODERN SOCIETY IS BASED ON DENIAL, DELUSION, LIES, DECEPTION, SHORT TERM GREED, AND SELF CENTERED EGOTISM/NARCISSISM?
What is happening is that other market participants are finding a way to narrow the price between buyers and sellers, making a more efficient market. As an example, an ETF or stock might be able to be bought for an ask of $20.03, but if you were to sell at the exact same moment would be for a bid of $20.00...the difference of 0.03 is a profit for the bankers who provide market liquidity.
17 de jun. de 2020 · CEO, Stock News Network and Editor, Reitmeister Total Return. SPY shares rose $0.59 (+0.19%) in after-hours trading Wednesday. Year-to-date, SPY has declined -2.60%, versus a % rise in the benchmark S&P 500 index during the same period.
31 de mar. de 2014 · Michael Lewis to 60 Minutes: “The Stock Market Is Rigged ... the story of how high-speed traders are skimming pennies off transactions on Wall Street could be mind-numbingly arcane.
31 de mar. de 2014 · He was on "60 Minutes" last night talking about the subject and promoting the book. In the short segment below, he argues that the stock market is rigged.
