Commentary

Robert Schuessler
Traders Magazine Online News

A Smarter Monkey

In this contributed piece, TIM noted that some traders do better than others when using data that has been run through certain analysis - that is, have used some form of machine learning to assist them.

Traders Poll

In his first public speech, SEC Chair Jay Clayton deviated from his prepared remarks and offered his own "off the cuff" comments on market issues. Do you like this change of pace?




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May 31, 2004

Main Street and Wall Street Unity

By Gregory Bresiger

What's good for Wall Street is now good for Main Street because the class divisions in America have been breaking down. That's what Congressman Vito Fosella, (R-New York), told members of the Security Traders Association at its recent Washington conference.

"The days of class warfare are gone," Fosella told the STA. He said it is because tens of millions of Americans now own a piece of the stock market either through qualified plans or in direct ownership of stock. "The days of pitting one group against another are gone. What's good for Wall Street is now good for Main Street," he added. Fosella said that the majority of Americans now have a stake in a "robust" stock market.