Broken Markets: How High Frequency Trading and Predatory Practices on Wall Street are Destroying Investor Confidence and Your Portfolio
by Sal Arnuk, Joseph Saluzzi
1. Broken Markets
Are you an investor? Are you a stock market aficionado who loves to learn about companies, industries, and the variables that tie them to a stock price? Do you have an online brokerage account at Fidelity or TD Ameritrade, for example?
Do you watch Bloomberg TV or CNBC? Do you read The Wall Street Journal or the USA Today “Money” section? Did you once fall in love with Maria Bartiromo on TV?
Do you enjoy the feeling that each day in the market is a new puzzle to figure out? Do you like seeing your well-chosen investments appreciate over time so that you can retire and live out your dreams? Have you ever felt excited talking about a stock, good or bad, at a party?
Did the market scare you during the financial crisis in fall 2008? ...
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