• Home
  • Contact Us
  • Privacy & Policy
Friday, August 12, 2022
Finances Advise
No Result
View All Result
  • Home
  • Business
  • Commodities
  • Crypto News
    • Block chain
    • Bitcoin
    • Ethereum
    • Litecoin
  • Finance
    • Financial Advisors
    • Personal Finance
    • Market Insider
  • Forex
  • Investing
  • Stocks
  • ICOs
  • Trading
  • Home
  • Business
  • Commodities
  • Crypto News
    • Block chain
    • Bitcoin
    • Ethereum
    • Litecoin
  • Finance
    • Financial Advisors
    • Personal Finance
    • Market Insider
  • Forex
  • Investing
  • Stocks
  • ICOs
  • Trading
No Result
View All Result
Finances Advise
No Result
View All Result
Home Stocks

If People Aren’t Bored Anymore, What Happens to the Stock Market?

by admin
April 1, 2021
in Stocks
0
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


Many on Wall Street turn to the “boredom market hypothesis” to explain the stunning rally of the past year: Bereft of travel and other pursuits, stimulus-check recipients gambled on hot stocks ranging from GameStop to electric-vehicle startups. As economies reopen, investors will need to grapple with the consequences of more people spending their checks outdoors.

It has been two weeks since the Treasury Department started sending $240 billion worth of electronic payments to households. Spending on Chase credit cards has jumped and is just 1.6% below its pre-Covid trend—compared with a 40% fall last March—JPMorgan Chase data showed this week.

This time, though, the stimulus isn’t filtering through to the stock market.

Daily equity purchases by individual investors have remained stable at around $11 billion in recent weeks on a 10-day rolling basis, data from flow tracker VandaTrack shows. This is sharply different from what happened in April 2020, when checks immediately led to a jump in retail flows, or January of this year, when the impact was also clearly noticeable two weeks in.

Both amateur and professional money managers need to pay close attention. In a paper published this week, researchers from the Swiss France Institute found that individual investors had a disproportionate market sway versus institutional ones during the second quarter of 2020 because they reacted more to price changes: Every dollar going into zero-fee investing application Robinhood caused a $5 increase in equity capitalization.



Source link

Tags: AnymorearentBoredC&E Exclusion FilterC&E Industry News FilterContent TypescorporateCorporate/Industrial NewsdisruptionsFactiva FiltersFinancial Performancegeneral newsindustrial newsmarketpeoplepoliticalPolitical/General Newsshare price movementShare Price Movement/DisruptionsstocksyndWSJ-PRO-WSJ.com
  • Trending
  • Comments
  • Latest

A 48-year market vet warns that the Fed will be forced to tighten policy ‘way sooner’ than investors anticipate as inflation continues to soar — triggering a stock market crash of up to 80%

August 28, 2021
27-year-old UG graduate now millionaire proposes to girlfriend on b’day in video

27-year-old UG graduate now millionaire proposes to girlfriend on b’day in video

August 9, 2021

‘It’s begging to be destroyed’: A stock trader who says he made more than $100,000 shorting the market during the 2008 crash just bet against the S&P 500 — and warns there’s a ‘fair chance’ stocks are about to drop 25%

September 11, 2021

Stocks tanked in the first quarter, and new research shows there should be a reversal by the end of June

April 15, 2022

Gold Markets Continue Showing Resistance

0

Uber Hacking: Customers Not at Risk of Financial Crime, Says Minister

0

Black Friday Merchants Look to Extend Moment of Retail Optimism

0

Hotshot Snapchat Founders Face a Dilemma: Lie Low or Live Large?

0

Gold Markets Continue Showing Resistance

August 12, 2022

Stock market can make a run for the highs – MKM

August 12, 2022

Honest Company, Rivian, Illumina and others

August 12, 2022

South Korea’s Financial Watchdog to Expedite New Crypto Rules: Report

August 12, 2022

Recent News

Gold Markets Continue Showing Resistance

August 12, 2022

Stock market can make a run for the highs – MKM

August 12, 2022

Categories

  • Bitcoin
  • Block chain
  • Business
  • Commodities
  • Ethereum
  • Financial Advisors
  • Forex
  • Investing
  • Litecoin
  • Market Insider
  • Personal Finance
  • Stocks

Site Navigation

  • Home
  • Contact Us
  • Privacy & Policy

We bring the Best and latest Crypto News

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • Business
  • Commodities
  • Crypto News
    • Block chain
    • Bitcoin
    • Ethereum
    • Litecoin
  • Finance
    • Financial Advisors
    • Personal Finance
    • Market Insider
  • Forex
  • Investing
  • Stocks
  • ICOs
  • Trading

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.