How Wall-Street Hocus-Pocus Inflates S&P 500 Revenues

by Wolf Richter
Wolf Street

But even the well-oiled machine couldn’t hide the decline.

Despite what you might think, there’s a difference between our financial markets and casinos in Las Vegas: casinos aren’t rigged.

In a casino, the odds are officially against you. You know what they are, and you subject yourself to them – statistically speaking – to lose money … while having a blast.

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