Tuesday, June 2, 2015

The Casino Formerly-Known-As-The-Economy

At the peak of every bubble, Wall Street liquidates its own clients. It happened in Y2K. It happened in 2008. It's happening now. When profitless IPOs and Chinese small caps are the only stocks still going up, amid a non-existent economy, look around for who is still making money... 

Goldman Sachs


Etrade:


Interactive Brokers:


Schwab


Ameritrade


The Nasdaq. The company


The NYSE. The company