Some of the stocks preferred by retail investors include companies facing bankruptcy, such as car rental group Hertz. This is fuelling concerns about a “dash for trash”. Photo: Reuters Some of the stocks preferred by retail investors include companies facing bankruptcy, such as car rental group Hertz. This is fuelling concerns about a “dash for trash”. Photo: Reuters
Some of the stocks preferred by retail investors include companies facing bankruptcy, such as car rental group Hertz. This is fuelling concerns about a “dash for trash”. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Stock markets: the folly of following sports punters betting on a quick economic recovery

  • Stuck at home, more and more frustrated young people and first-time investors are turning to stocks. They tend to be much more bullish than institutional investors about the post-lockdown recovery, and are contributing to the market froth

Some of the stocks preferred by retail investors include companies facing bankruptcy, such as car rental group Hertz. This is fuelling concerns about a “dash for trash”. Photo: Reuters Some of the stocks preferred by retail investors include companies facing bankruptcy, such as car rental group Hertz. This is fuelling concerns about a “dash for trash”. Photo: Reuters
Some of the stocks preferred by retail investors include companies facing bankruptcy, such as car rental group Hertz. This is fuelling concerns about a “dash for trash”. Photo: Reuters
READ FULL ARTICLE