it's because in the 1980's and 1970's and even 1990's a stock broker can make good living just on commissions. like $100,000/year as a broker just on commissions. in 1988. so there was lots of incentive for brokers to trade client accounts to generate commissions. now the SEC will be on their back for wash trading and commission are too small so many leave the industry or laid off also with automation. lots of jobs in the financial sector no longer exist and people trading in the market were employed in the market. like people who speculate in agriculture products are farmers themselves. and people who speculate on tech stocks are employees of these tech companies. people who speculate in biotech are people employed in the pharma or medical industry etc. the industry is still a lot bigger than in the 1960 and 1970's there is less trading compared to 1999 or 2005 but a lot more than compared to 1980 or even 1988. A decline from the most active time of the market for retail trading. less young people wanting to trade, they are no trading forex or bitcoins and not trading stocks. or trading ETV instead of individual stocks some stocks are are out of favor like penny stocks and mining stocks or gold stocks and even oil stock are out of favor.
the hedge funds get their money from 'institutional' money which are pensions funds, gov't pension ,union pensions, insurance companies funds, and corporations funds, schools or endowment funds. and gov't itself. the Fed even has money in the market or in the book too there is more money from them than ever. The private individuals or small traders have no effect on the big board market or commodities only in penny stocks and bitcoins now. which institutions dont't participate.
I've dated a couple. Smart, very sharp, but totally nucking futs. Mainly the reason (my theory) is that you need to be more man than the horse if that makes sense. It doesn't make sense to me, but I think it makes sense to them in their heads.
PS: don't google "Horse girls are fucking nuts" with safe mode off. Bad idea. Holy fuck. I did not need to know about this part of the internet.
Because the largest growing demographic is people between aget 65-85 the averge wall street investors is in their 50's. who have money to trade or invest or something. there is just less people to invest than before. or less money to invest as middle class disappears.. poor people don't have money to invest. normally it's the middle class or rich who buy stocks or buy bonds etc e Aging pop.. it's as simple as that. less young people interested in the market and they have less money to gamble, you need money to gamble. not a decline but a lot less than in the 2000 as baby boomers are in the and retired. 70's now. they no longer need to save for 'retirement'. 1/3 of the people die by the time they are 60' the other 1/3 die befor 80 and the other 1/3 die by 90..and only a few remain at aget 100 on life support they may be alive but are vegetable state or dementia...so you see people living til 100. by the time your 85...man your living in old age home. and in wheel chairs.
Yup. They say that women who like horses like to gain control and command them around. Substitute "horse" with "man" and the idea remains the same. I seems to make sense.
I actually don't like the internal combustion engine, it's a dirty and ancient idea. But horse and buggy for long-distance travel would suck. If you were asking.