Tuesday, September 24, 2013

Wall Street Bashing



There is constant  Wall Street bashing from left-leaning politicians. I have myself directed some criticism at Wall Streeters who may have contributed to actions that helped foment financial panic.

But I always have made this distinction about Wall Street: It’s both an investment and also a constant-trading medium. Both are essential. But trading aspects can go to extremes. When extreme actions occur, there can be potential danger. It is thus essential that the public understand how Wall Street operates.

In that regard, you must always remain disciplined in your use of investment strategy. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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