Reddit trading is leading to ‘massive market manipulation,’ top investor warns. How to protect your portfolio
Lizzy Gurdus, 24 June 2021
The Reddit-fueled trading frenzy is getting out of hand, according to the country’s top investment advisor.
Ric Edelman, the No. 1 registered investment advisor in the United States and founder of Edelman Financial Engines, said Monday that he’s “very concerned” about what he sees as a sweeping “pump-and-dump scheme” roiling markets. Continue reading “Article: Reddit trading is leading to ‘massive market manipulation,’ top investor warns. How to protect your portfolio”
15 Hedge Fund Managers Made $23 Billion In 2020
Tyler Durden, Zero Hedge, 10 February 2021
The historic gains by a handful of Wall Street tians demonstrates “the disconnect between the stock market and the real economy,” said finance professor Reena Aggarwal, director of Georgetown University’s Center for Financial Markets & Policy. While high volatility and low interest rates buoyed hedge funds, much of the population struggled “with worries about health, jobs, mortgage payments and student loans,” she said.
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