The stock market is now the world’s biggest casino
By William Mersey
Published on April 8, 2026.
The article discusses insider trading in the stock market, suggesting that the game is a zero-sum game for every dollar won or lost, given that the house enjoys as little as a 2% advantage and as much as a 15% or 20% depending on the game. However, insider trading allows those in the know to gain access to information that assures them of winning, such as corporate announcements and new drug approvals. This issue has been highlighted recently when Donald Trump made an announcement that claimed Iran and the U.S. were in peace talks, leading to a drop in oil's price and a 1,000-point rise in the Dow Jones. The author argues that this is not coincidental as the rich and those invested in equities are taking a hit due to this war.
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