Changing the Game / What’s Going On in the Market

What’s happening in the market is fascinating.

While Capital Flywheels had already been concerned about rising excess in the market and warned about potential volatility, the mechanism by which this is all playing out is actually quite different from what I was expecting.

In case you have not been paying attention, retail investors (i.e. non-professionals) have really taken an interest in investing over the last 9 months.… Read the rest “Changing the Game / What’s Going On in the Market”