Wall Street doesn’t care about Employment

 

Wall Street doesn’t care about Employment

The stock market has moved beyond looking at traditional indicators. 

1.   Company profits

2.   Unemployment figures

3.   GDP growth rates

Speculators who dominate the stock and commodity markets in America have moved to other more important indicators.  Since over 80% of all trades are by speculators and not long term investors none of the above really matter.

The stock and commodity markets are now just gambling halls where high stakes gamblers play short term games with all stocks, bonds and commodities.

Over 50% of all daily trades are computer generated by high speed computers that analyze movements, pending trades and trends and buy and sell in seconds.  These computers are in every Wall Street Firm and they make millions on small movements in stocks, up and/or down. 

This is not investing and it is not what America was built on.

Long term investors who stay in this game are going to lose and lose big time.  This includes small individual investors, pension funds and public funds.

In the past few months we have seen the New York Stock Exchange (NYSE) dive dramatically twice with some stocks losing 50% to 90% of their value in seconds and then recovering.  Massive trades by huge funds were responsible and still the SEC has done nothing.  Wall Street traders made hundreds of millions on each market dive.     

The crooks now rule all markets and especially the NYSE.  Since the Wall Street crooks are worldwide, with offices in Europe and Asia, they can trade from different sources and cover their tracks. 

The SEC, long in the hands of the crooks, has fallen far behind in technology and their ability to execute any kind of intelligent oversight, even if they wanted to do oversight, and they don’t.

The second and even more dangerous players are the hedge funds with over $5 trillion to play with.  These funds often gang up on the market and force stocks in one direction or the other and then bet with or against the market and make hundreds of millions.  The recent revelations about funds getting insider information and trading on the information, is also a huge part of their SOP.

If several hedge funds work together on prior notice of earnings they can beat the market with their trades and make millions.  This is happening everyday along with the automated computer trades.

In the past, most individual and institutional investors made money by investing in company stock and holding the stock for months and even years. 

Today over 80% of all trades are not stock at all, longs/shorts. puts/calls and other investment securities like derivatives and credit swaps (BETS) that have a high velocity.  These instruments are bought and sold in hours, days or weeks.

No one really makes any money on Wall Street investing they make money gambling on bets they influence by trades and on insider information.

The average investor really needs to take a hard look at this new game and decide if they want to rely on this market or not.

Every single large business in America now has a group that gambles.  These large companies in the past had central cash management groups that used cash flow to make a few bucks in short term investments, now they don’t invest, they buy and sell like players at the crap tables in Vegas.

America went from the financial industry being about 7% of GDP to it being over 20% and growing.  They drive all financial activity based on short term gambles, not investments.

The 20% now wags the entire economy.  There is no long term investment for growth, no building the economy of the future, just short term gains and losses.

There is no money being spent to create new industries that will provide middle class jobs.  These new industries must produce short term returns of 10 to one or even 100 to one, or they are not going to get any capital.  The big boys don’t invest unless they see thousand to one returns.

Finally, for those still in the Land of Oz; any new manufacturing and support jobs created by new American companies are planned for China and India.  Venture Capital Companies require this or they will not invest.  Middle class jobs in America are a drain on profits and will be eliminated.  Even minimum wages jobs are too expensive.  Labor in China is fifty cents an hour and there are no laws protecting labor, the environmental and no product safety laws.    

The Golden Rule for Wall Street is “Them with the GOLD makes the rules.”  Republicans have been dancing to this tune for the past 50 years and now the Democrats have joined in.

If you have any money in the NYSE, get it out now.

Matthew 22:39-40 

 

39"The second is like it, YOU SHALL LOVE YOUR NEIGHBOR AS YOURSELF.'

40" On these two commandments depend the whole Law and the Prophets."

Matthew 7:12 GOLDEN RULE -

 

12 “Therefore all things whatsoever ye would that men should do to you, do ye even so to them: for this is the law and the prophets.”

Timothy 6:8-10 (money)

 

8“And having food and raiment (clothes) let us be therewith content.

9“But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition.

10”For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.”   

John 14:15 “If ye love me keep my commandments.”