Moreover, the less leverage they used, the greater the odds would be that oil prices would reflect actual changes in supply and demand for the commodity itself rather than the availability of debt to finance speculative bets.
FORBES: Will President Obama's $52 Million Plan Cut Oil Prices By 10%?
Increasingly, stock markets function as speculative adjuncts to the real work of business finance.
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That speculative froth is what reduces market volatility seems to be lost on those ideologically opposed to finance.
FORBES: The Truth About the Financial Transactions Tax or the Robin Hood Tax
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