By Jeff Clark, editor, Market Minute
If the past year has shown us anything, it’s that the rules of the stock market are slowly but surely changing…
And that the balance of power has gone completely out of whack.
More and more, it seems like the hedge funds and institutions of Wall Street are losing power to the little guy. Where before it seemed like no individual could find an edge against Wall Street, the power of sheer numbers and groupthink has found a way to best them.
Now, a lot of this likely has to do with the stimulus checks that the U.S. government sent out to citizens over the last year. Since the pandemic started, any single individual earning up to $75,000 a year – already more than most folks – has made as much as $3,400… And all from doing nothing but working and paying taxes in the U.S.