The New York Stock Exchange president says the stock market is not a casino. Here’s what academic research says.

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The New York Stock Exchange president says the stock market is not a casino. Here’s what academic research says.

MarketWatch2021-02-16

With the wild moves in the stocks of GameStop and AMC Entertainment,or last week in cannabis makers, it’s not illogical that some think of the stock market as a casino, a description recently used by ...

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Comment（23）

Daniel Tay
·2021-02-17
If you trade without understanding the company, then it is no different playing in casino.
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Vincentkhoo1
·2021-02-16
Thanks
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Ronchan
·2021-02-16
Not quite gambling...since the house does not win in the long run...
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bucky
·2021-02-16
Correct
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Jenyii
·2021-02-16
Can’t agree more. But there’s no right or wrong. Just do your own due diligence.
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AhHuat2021
·2021-02-16
like and comment
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2
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pingabc
·2021-02-16
Like and reponse tyty
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enhao
·2021-02-16
But a good place to earn
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- pingabc:
  yup totally agreed
  2021-02-16
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henjotan
·2021-02-16
Like my comment please
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Zacchaeus
·2021-02-16
Good read!
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rofl
·2021-02-16
Please like my comment, thanks!
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jayelse
·2021-02-16
Wow research
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- jayelse:
  yes gamble
  2021-02-17
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- PEHPEH:
  Ppl treat it like casino nowadays
  2021-02-16
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ZEROHERO
·2021-02-16
How to get these coins?
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SLabcd
·2021-02-16
Good
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mcwood
·2021-02-16
Well got casino stocks[得意]
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shwu
·2021-02-16
That’s true
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- Hansolo:
  How true?
  2021-02-16
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roge857
·2021-02-16
I am a postman for 20 coins
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Dinorawrr
·2021-02-16
Like and comment
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Here’s what academic research says.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/the-new-york-stock-exchange-president-says-the-stock-market-is-not-a-casino-heres-what-academic-research-says-11613396805?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the wild moves in the stocks of GameStop and AMC Entertainment,or last week in cannabis makers, it’s not illogical that some think of the stock market as a casino, a description recently used by ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-new-york-stock-exchange-president-says-the-stock-market-is-not-a-casino-heres-what-academic-research-says-11613396805?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".DJI","symbol_name":"道琼斯","start_time":0,"source_url":"https://www.marketwatch.com/story/the-new-york-stock-exchange-president-says-the-stock-market-is-not-a-casino-heres-what-academic-research-says-11613396805?mod=home-page","article_id":"1129378089","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129378089","pubTimestamp":1613443161,"columns":[],"sourceInfo":{"source_id":"market_watch","name":"华尔街大事件"},"weMediaInfo":null,"summary":"With the wild moves in the stocks of GameStop and AMC Entertainment,or last week in cannabis makers,","collect":0,"end_time":0,"defaultTopTitle":"marketwatch.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","GME":"游戏驿站",".SPX":"S&P 500 Index","AMC":"AMC院线","ICE":"洲际交易所"},"translate_title":"纽约证券交易所总裁说，股票市场不是赌场。学术研究是这样说的。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"AMC":0.9,"GME":0.9,"ICE":0.9},"content_text":"With the wild moves in the stocks of GameStop and AMC Entertainment,or last week in cannabis makers, it’s not illogical that some think of the stock market as a casino, a description recently used by Sen. Elizabeth Warren, the Massachusetts Democrat.\nIn an interview with Axios that was aired on HBO, Stacey Cunningham, the president of the New York Stock Exchange, a unit of the Intercontinental Exchange,said she rejected that comparison.\n\n “The markets are not a casino. They are highly regulated and they’re highly overseen. … We are running a market that provides opportunities for investors to come in, invest in the companies they believe in, they believe that are gonna grow, and then share in that wealth creation.”\n\nCasinos, it should be pointed out, also are highly regulated and overseen, though unlike the stock market there are no long-term positions that can be built in, say, a game of blackjack.\nAcademic research suggests stock-market trading and more traditional gambling have quite a bit in common. 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But there’s no right or wrong. Just do your own due diligence.","listText":"Can’t agree more. But there’s no right or wrong. Just do your own due diligence.","text":"Can’t agree more. But there’s no right or wrong. Just do your own due diligence.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382238847","repostId":1129378089,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":382239779,"gmtCreate":1613449501291,"gmtModify":1704880581867,"author":{"id":"3576386999150318","authorId":"3576386999150318","name":"AhHuat2021","avatar":"https://static.tigerbbs.com/3c20c9b8aace5e0ccfd594666a3ef199","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576386999150318","authorIdStr":"3576386999150318"},"htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382239779","repostId":1129378089,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":382291747,"gmtCreate":1613449001089,"gmtModify":1704880571044,"author":{"id":"3574565348851267","authorId":"3574565348851267","name":"pingabc","avatar":"https://static.tigerbbs.com/45ea605ef97ca23c8e578b6576244d74","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574565348851267","authorIdStr":"3574565348851267"},"htmlText":"Like and reponse tyty","listText":"Like and reponse tyty","text":"Like and reponse tyty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382291747","repostId":1129378089,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":382293452,"gmtCreate":1613448968976,"gmtModify":1704880569752,"author":{"id":"3572659393547388","authorId":"3572659393547388","name":"enhao","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572659393547388","authorIdStr":"3572659393547388"},"htmlText":"But a good place to earn","listText":"But a good place to earn","text":"But a good place to earn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/382293452","repostId":1129378089,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3577485,"gmtCreate":1613449061996,"gmtModify":1680777029145,"authorId":3574565348851267,"author":{"id":3574565348851267,"idStr":"3574565348851267","authorId":3574565348851267,"name":"pingabc","avatar":"https://static.tigerbbs.com/45ea605ef97ca23c8e578b6576244d74","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":382293452,"type":1,"supId":0,"prevId":0,"content":"yup totally agreed","text":"yup totally agreed","html":"yup totally agreed"}],"langContent":"EN"},{"id":382293038,"gmtCreate":1613448919824,"gmtModify":1704880568459,"author":{"id":"3560907030568316","authorId":"3560907030568316","name":"henjotan","avatar":"https://static.tigerbbs.com/677029dd536dcdab8ac9efb82e525a37","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3560907030568316","authorIdStr":"3560907030568316"},"htmlText":"Like my comment please","listText":"Like my comment please","text":"Like my comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382293038","repostId":1129378089,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":382202528,"gmtCreate":1613448289564,"gmtModify":1704880561141,"author":{"id":"3571961662143942","authorId":"3571961662143942","name":"Zacchaeus","avatar":"https://static.tigerbbs.com/a3d003759145d432b6a0393561eaccbd","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571961662143942","authorIdStr":"3571961662143942"},"htmlText":"Good read!","listText":"Good read!","text":"Good read!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382202528","repostId":1129378089,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":382202285,"gmtCreate":1613448276547,"gmtModify":1704880560816,"author":{"id":"3571798867194715","authorId":"3571798867194715","name":"rofl","avatar":"https://static.tigerbbs.com/a782efba8e9be0ccc6a4a3b55e7ec507","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571798867194715","authorIdStr":"3571798867194715"},"htmlText":"Please like my comment, thanks!&nbsp;","listText":"Please like my comment, thanks!&nbsp;","text":"Please like my comment, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382202285","repostId":1129378089,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":382676840,"gmtCreate":1613446761680,"gmtModify":1704880546387,"author":{"id":"3574476494535550","authorId":"3574476494535550","name":"jayelse","avatar":"https://static.tigerbbs.com/0ab149402f50e55713163e850a184c9e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574476494535550","authorIdStr":"3574476494535550"},"htmlText":"Wow research&nbsp;","listText":"Wow research&nbsp;","text":"Wow research","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/382676840","repostId":1129378089,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3585239,"gmtCreate":1613519005938,"gmtModify":1680777144592,"authorId":3574476494535550,"author":{"id":3574476494535550,"idStr":"3574476494535550","authorId":3574476494535550,"name":"jayelse","avatar":"https://static.tigerbbs.com/0ab149402f50e55713163e850a184c9e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":382676840,"type":1,"supId":3579517,"prevId":0,"content":"yes <u>gamble</u>","text":"yes <u>gamble</u>","html":"yes <u>gamble</u>"},{"id":3579517,"gmtCreate":1613470270188,"gmtModify":1680777057132,"authorId":3568799656541576,"author":{"id":3568799656541576,"idStr":"3568799656541576","authorId":3568799656541576,"name":"PEHPEH","avatar":"https://static.tigerbbs.com/af5e8cdcfb3b610e210a145cbda18d52","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":382676840,"type":1,"supId":0,"prevId":0,"content":"Ppl treat it like casino nowadays","text":"Ppl treat it like casino nowadays","html":"Ppl treat it like casino nowadays"}],"langContent":"EN"},{"id":382646341,"gmtCreate":1613445492483,"gmtModify":1704880534245,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3566532164444643","authorIdStr":"3566532164444643"},"htmlText":"How to get these coins?","listText":"How to get these coins?","text":"How to get these 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