Highly speculative, world stock markets are governed by the momentum of the underwriters of securities, rather than by realities on the behavior and performance indicators developed and emerging economies. Of course the hard data does not suit them to brokers, because then there would be no bubbles where opportunistic versed mounted and snatch it for, before bursting and being dragged by losses, and successfully overcome the dividends of others in the pocket.
Because speculators are betting always win-win, whether by simple paper-the betting money in hand and lonely dreamers are outdated, remember Dostoevsky prefer living in a delusion profitable or unsubstantiated optimism must be alert to indicators of real economies. The case is like betting on roulette, more like a stroke of luck to pull water to their mill, losing on the road when it appears on the board of the bag the rate of the company concerned.
However, beware. This is just simply printing more and more contained, but it is a half-truth. The truth is that, deep down, speculators, brokers or professional underwriters, deal understood to values, i.e. values “hidden” or privileged and confidential information of the indicators of those companies with high market value. In addition, these values are subject to purchase or sell, while approaching the periodic financial reports, quarterly, semiannual and annual. O according to a new placement.
The previous information allows you to buy or sell on time or before the announcement of the company. With trap, because the corridor is managed with the advancement. However, the other side is speculative, those that move beyond inflating the values of the real situation of enterprises. Alternatively, in some sectors of economies. There are also millions of records sold. However, both cases are classified as financial crimes. However, not always punished or reaches its ultimate consequences for the investigation to comment on this type of breach. Is it because they serve businesspersons, bankers and speculators, against which the State did not lash?
Protected or not, the fact is that the mechanisms are working even in the larger exchanges in the world (despite all the “locks” of governments) as the triad New York-Tokyo-London, or Frankfurt, Paris, etc. The first and most important, because it moves up 60 percent of world trade in values, about some 3,000 large companies in the second quoted an amount 50 percent below first.