Getting your player ready...
WASHINGTON — Gyrations on Wall Street have made investors leery of buying individual stocks and skeptical that the market is a fair place to park their money.
In an Associated Press-CNBC poll of investors, 61 percent said the market’s recent volatility has made them less confident about buying and selling individual stocks. And the majority of those surveyed — 55 percent — said the market is fair only to some investors.
Wealthier people assign more blame to computers for dramatic stock-market moves. Among those with assets of at least $250,000, more than half blamed computerized trading for the big swings, compared with about a third of those with a net worth of less than $50,000. The Associated Press
