4 ms·
I'm thinking that this strange trading behavior with Hertz and others is an unanticipated consequence of commission-free trading combined with a lot of fully-em
by OldHand2018 6y ago
I'm thinking that this strange trading behavior with Hertz and others is an unanticipated consequence of commission-free trading combined with a lot of fully-employed people getting free money from the government.
- albntomat0 6y agoMatt Levine of Bloomberg has written a bunch of the "boredom market hypothesis," which says a lot of folks are investing, who wouldn't otherwise, because they're stuck at home due to coronavirus, and the stock market is the most entertaining thing.
- tick_tock_tick 6y agoNo sports and the casinos are closed wouldn't surprise me.
- albntomat0 6y agoThose are the literally the ones he mentions! https://www.bloomberg.com/opinion/articles/2020-06-09/the-bad-stocks-are-the-most-fun https://www.bloomberg.com/opinion/articles/2020-06-09/the-ba...