I remember hearing from several people who lost over $40,000 in the 2007 stock market squeeze. And now in the first weeks of 2016 the average 401-K plans have lost $10,000. Many of the people in today's squeeze do not have another $40,000 to lose in those 401-K plans. My point here is the people who now control Wall Street using these high speed, high dollar trades are manipulating the markets to wipe out the mom and pop investors and the 401-K investors, and making fortunes in doing so. They run up markets and then short sell during up ticks. They make money as the market rises and with the short sells, make money on the market slides. This manipulating the markets is criminal behavior to me.
The big banks have bought most of the smaller banks and have reduced the interest on savings to nil. That way anyone who saves has been raped on their savings in banks and in the stock markets at the same time.
