Is the market rigged? Michael Lewis is trying to sell his book but it's created quite an uproar especially on CNBC. Does anyone see a hidden agenda here?
Sometimes individual stocks are rigged, as in Mafia pump and dump schemes. And in the short term, most stocks you could say are rigged, but not as much in the medium term and not in the long term. In the long term, the expansion or contraction of the economy is going to put most stocks (3 out of 4) in either a Bear or a Bull trend.
