CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.

From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more

Robinhood extends trading hours from 7 am to 8 pm — 3 rookie mistakes when trading stocks after hours

At 7 am, it can be the time for a morning coffee while 8 pm can be time to have supper, watch your favorite television shows, or even enjoy a glass of wine. If you have a Robinhood account, it’s also becoming a time to play the stock market during extended trading hours — but … Read more

Larry Fink says globalization is over — Here’s what it means for the markets

BlackRock founder Larry Fink declared that the Russia-Ukraine war is bringing the era of globalization to an end, but investors should keep in mind that the global economy and the financial system can’t turn on a dime, analysts say. “There is a lot of talk about countries going back to local production and the era … Read more

Fed official doesn’t think housing market is headed for a crash: ‘I am trying to buy a house here in Washington and the market is crazy’

Federal Reserve Governor Christopher Waller has no doubt about how competitive today’s housing market is. “Trust me, I know it is red hot because I am trying to buy a house here in Washington and the market is crazy,” Waller said in a speech at a housing conference. But even as home and rental prices … Read more

It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks

“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of BlackRock BLK, in his annual letter to shareholders that published Thursday. And in our call of the dayhe closed the door … Read more

Foreclosures are on the rise. Here’s what that says about the housing market

The foreclosure uptick indicates that the economic — and especially employment recovery — is not complete, an expert says. Getty Images In January there was a seven-fold increase in foreclosure starts as compared to December, with roughly 33,000 loans referred to foreclosure, according to a report from mortgage data and analytics company Black Knight. What’s … Read more