Trends with Benefits #31: The Impact of Retail Investors with Phil Mackintosh

20 October 2020

 

Retail Investors Make an Impact

The last time I remember day trading getting the kind of coverage it has recently was in the late 1990s as personal computing power increased and internet access became more common. At the same time online brokerages promised cheaper stock transactions, more information and easier access that allowed a wider group of people to trade the dot-com wave.

Today may have some similarities to the '90s, such as faster computers, a buoyant stock market, falling trading commissions, and greater access in the way of fractional shares. One thing that is different, however, is 'work-from-home', spurred on by the coronavirus. Maybe the increase in retail trading is a passing fad, a way to pass the time in between Zoom meetings or maybe we'll find a new normal for individual investors' engagement in the markets.

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