Smart Money

COVID-19’s impact on the financial industry has been far-reaching. Some of the notable outcomes that were advanced during the crisis include the craze for special-purpose acquisition companies (SPACs), the rise of environmental, social and governance (ESG) investing and even the emergence of non-fungible tokens (NFTs). However, in our estimation, the most noticeable occurrence has been the retail trading frenzy. “Robinhood” investors have progressed from outsiders to become an impactful force on Wall Street. Click the link below as GAVIN dives into the reasons for the retail emergence and some of the rewards and perils associated with their trading activity.