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Sports gamblers moving to the stock market
June 17, 2020
8:54 am
8:54 am
Norman1
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April 6, 2013
April 6, 2013
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A disturbing trend pointed out by Globe & Mail writer Scott Barlow:
Axios: Sports bettors may be a driving force behind the stock market surge
Globe & Mail (paywall): Trading sportsbooks for brokerages, bored bettors wager on stocks
New York Times (paywall): Trading Sportsbooks for Brokerages, Bored Bettors Wager on Stocks
Could explain some of the weird price jumps I've seen in some of my holdings.
June 17, 2020
10:11 am
10:11 am
Dean
Valhalla Mountains, British Columbia
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Good points ⬆, Norman ❗
And today's low interest rates are also 'pushing' some of the more conservative investors into stocks, as well.
The Bubble 'Will' Burst ... it's just a matter of time. And when it does, have a good sized wad of Cash on hand, to pick up the beaten-down Blue Chips.
" Live Long, Healthy ... And Prosper! "
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