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The Market’s Robinhood Effect - Danielle Park 6-18-20 #4809
Financial Survival Network
English - June 18, 2020 12:01 - 26 minutes - 36.5 MB - ★★★★ - 31 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Weeble Wobble Market - Nick Santiago #4808
Danielle comments on the Stock Market. Fed is buying corporate bonds. Nothing new, every time there’s a decline they promise new action and it magically goes up. So much corruption. Robinhood is selling trading data to algo traders who then front run them. Hedge funds are the most invested since the crash. At the same time money market fund assets are at an all time high. People have a lot less income to spend. In Canada there’s 20 percent less household income. People are spending less and saving more. It's just a matter of time before the reality catches up to the stock market.