It was once believed that if the Stock Market could be controlled and manipulated at all it would only be for a short time. The stock market was simply too big and even the largest financial powers did not have the clout to have a permanent effect on prices.
That is not true today. Split second trading accounts for most of the volume. The public which is cited as now moving into the market in a frenzy, has been leaving the market for decades. Stock ownership is concentrated in the top 1% of earners. That group does have the money, power to determine the level of stock prices over long periods of time. They are doing that right now and have been for a long time. Continue reading