“And in the near future, we’ll also have some other monetization strategies that current brokerages aren’t using, including API access and premium features for active investors. An important thing to note is that Robinhood isn’t focused on profits right now. We’re focused on building an awesome user experience. That being said, we have these standard monetization revenue streams, […]
“So the Fed kept filling up the punch bowl and instead of going into inflation of goods prices, it went into an inflation of asset prices. That’s inflation in the same way, but it’s not called inflation. So if the stock market goes up and doubles, we don’t say, ‘Oh, my God—there’s been inflation!’ Or, if housing prices double, we […]
The S&P 500 (^GSPC) has done more in three months than it typically does in an average year. That is, rise by about ten percent. While the official 3-month tally is 10.58%, and the year to date total is now above 26%, some say this red-hot, record-high stock benchmark still has more to go.“One word – higher,” […]
By Ben LevisohnAfter a tentative response to Janet Yellen’s opening comments to the Senate, stocks have moved higher, helped by surging homebuilders PulteHome (PHM) and Lennar (LEN).
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The S&P 500 has gained 0.3%, while the Dow Jones Industrial Average has risen 0.2%. The S&P 500 is being led higher by oil refiners–Valero Energy has gained 4.5% to $43.10 and Marathon Petroleum […]
