As GME plummets and conventional monetary media turns its consideration elsewhere, the place does the retail buying and selling insurgency go from
As GME plummets and conventional monetary media turns its consideration elsewhere, the place does the retail buying and selling insurgency go from right here?
This episode is sponsored by Nexo.io.
WallStreetBets is having a tough day. Its shares are crashing. Champions from as lately as final week are promoting out. Extra brokerage apps are turning off shopping for.
On this episode, NLW explores what it means for this set of property and the bigger shift in energy from institutional to retail traders.
He argues, in the end, that during the last 12 months retail merchants of the kind led by WSB have established themselves as too highly effective a pressure for the market to easily flip away from now.
Picture credit score: Brent Lewin/Bloomberg by way of Getty Pictures