Is a new era of retail trading emerging after the GameStop saga?

Financial Times/Robin Wigglesworth

graphic illustration of a people chasing a bandwagon

“Three centuries ago, the Sephardi merchant Joseph de la Vega wrote the first-ever book on a mysterious, disruptive new invention that was taking off in Amsterdam at the time. His evocative description of the stock market still resonates.”

USAGOLD note:  Robin Wigglesworth takes a shot at explaining what’s going on with retail stock market investors and says we may be at “an inflection point for financial markets.” This article is worth the visit just for the quote from de la Vega in Confusion of Confusions written in 1688.

Repost from 2-11-2021

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