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The Wild Summer of 2020 Turned Small Investors Into Whales
It’s no surprise that professional traders would point to ordinary investors when things get weird.
17 Sep 2020, 11:59 PM IST
(Bloomberg Businessweek) -- There are a few jokes going around Wall Street to explain the wild ride for the U.S. stock market this summer: Why did the huge rally suddenly stall out on Sept. 2? Because all the phone-app day traders had to go back to school. Or maybe because the NFL season (and football betting) was approaching.
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