Business
The Reddit army has beaten the establishment but reality can only be suspended for so long – ABC News
The power play between small investors and Wall Street titans is cheered by those who view hedge funds as a global pariah, but the Robinhood story could destabilise…
It’s the revolution that has rattled the investment establishment.
During the past few weeks, several Wall Street titans, along with some big-name European firms, have found themselves under siege by an international army of loosely coordinated and newly enriched retail traders.
Small investors, many of them first timers, have flocked to financial markets in their millions since the pandemic swept the Western world early last year.
They not only have the numbers. They also have the wherewithal,…
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