Commentary As expected, Wall Street wins again. In 2020 and 2021, retail investors were chasing financial markets with reckless abandon. Armed with sites like Reddit WallStreetBets and a Robinhood trading app, not to mention young investing mentors on social media, they believed they had the Wall Street “tiger by the tail.” In January, we warned…
Stocks Fall, Have Worst Week Since March 2020; Netflix Tanks
Stocks fell again on Wall Street Friday, capping off the worst weekly drop for the S&P 500 since the start of the pandemic. Investors have grown increasingly worried about rising inflation and how aggressive the Federal Reserve might be in raising interest rates to tamp it down. Historically low rates helped support the broader market…
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