#WORKHORSE MEME STOCK PROFESSIONAL#

Want to dig deeper? Check out Before the Bell’s interview with David O’Reilly, CEO of the real estate developer Howard Hughes Corp. In 2022, roughly 1 million single-family homes were started, which is 10.6% fewer than in 2021, though still more than in any other single year back to 2012. The rate of overall housing starts slowed in 2022 while completions climbed. New data shows that the US housing market is now short 6.5 million homes.

▸ The gap between home-seekers and actual homes widened significantly last year. Investors, and the Federal Reserve, will be looking for greater clarity on the state of the labor market in the official jobs numbers due out Friday morning.įed officials have expressed concern that a tight labor market could keep upward pressure on wages and, in turn, inflation.

The payroll company estimated that 242,000 jobs were added last month, higher than the forecast of 200,000 and more than double the revised 119,000 added in January. private businesses added more jobs than forecast in February, according to ADP. The number of job openings in the United States fell to 10.8 million in January, down from an upwardly revised 11.23 million in December, the Bureau of Labor Statistics reported Wednesday as part of its monthly Job Openings and Labor Turnover Survey, or JOLTS.Īt the same time. ▸ Two important jobs reports were released Wednesday and the results were, annoyingly, contradictory. Hedge funds recently disclosed in filings that they had increased their holdings of GameStop by about 15% over the last quarter. Institutional investors, meanwhile, appear to be embracing the meme world. About 63% of retail investors spent more time researching stocks in February than they did during the same month last year, according to research by investing platform Public. That surge in power has led companies to structure investment products that attract these individuals, accelerating the convergence between the retail and institutional worlds.Īt the same time, retail investors have become more savvy and are conducting research of their own. Retail investors amass funds, and power: Retail investors now account for half of all wealth globally, according to a recent report by Bain & Company. This year, it polled 257 institutional investors across North America, the United Kingdom, and the European Union. Robinhood Snacks was ranked as the most-subscribed-to newsletter by the institutional investors interviewed.īrunswick has conducted its annual survey on the digital habits of institutional investors for over a decade. The overlap between institutional and retail investors isn’t limited to Reddit and social media. “This increased interest in retail investors could be a consequence of the financial fallout from popular ‘meme stocks’ like GameStop, AMC, and Bed Bath & Beyond as institutional investors look for ways to keep their pulse on the conversation among retail investors.” “Institutional investors are encroaching on traditionally retail-oriented online spaces,” wrote analysts at Brunswick.

#WORKHORSE MEME STOCK PROFESSIONAL#

As Main Street traders’ gain sway over markets, it has become increasingly important for professional investors to keep abreast of what they’re up to.

Corporations are paying attention, and so are institutional investors. What’s happening: Retail investors are pouring a record $1.5 billion per day into the stock market, according to data from Vanda Research.

This radical shift in information-gathering comes as a pandemic-era influx of retail investors, day traders and outright amateurs revolutionizes the way Wall Street functions. Institutional investors also cited Twitter and TikTok as helpful platforms for investing research. Of those familiar with the popular, gossipy social media site, 46% of those polled expect to use the platform more in the next year and about 50% considered Reddit to be of “high importance” in stock evaluations, reported the Brunswick Group. Reddit investors have been the butt of many jokes over the last few years, but could these much-maligned meme traders have the last laugh?Ī surprising new survey finds that 58% of institutional investors - the professionals who trade on behalf of banks and pension funds, the so-called “smart money” - admit to having made an investment decision based on information from Reddit.

Workhorse meme stock