Tag Archives: mayhem

Robinhood ‘didn’t change the rules’ on users amid market mayhem, former SEC economist explains

Robinhood, Interactive Brokers, Webull, and others shut down the buying feature for GameStop (GME) stock Thursday, drawing bipartisan attacks from politicians as well as criticism from customers who wanted the same freedom to trade as hedge funds betting the stock would fall. The animus was especially pronounced towards Robinhood, due to its mission of “democratizing finance,” which users accused it of abandoning. According to former SEC chief economist and Tepper School of Business… Source link

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Redditors cheering on market mayhem recall growing up amid the Great Recession

TipRanks These 2 Penny Stocks Could Rally All the Way to $11, Say Analysts At its January FOMC meeting, the Federal Reserve held interest rates steady – they are near rock-bottom now, and to no one’s surprise, the Fed is keeping them there. Fed Chairman Jerome Powell may have fed some market pessimism when he spoke after the meeting, and pointed out that unemployment, which has been rising in recent months. For market watchers seeking support, there is solace in the Fed’s monetary… Source link

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