Within a Matter of Months, the Fed’s Balance Sheet Will Hit $8 Trillion; These Charts Tell the Rest of the Story

What has changed the course of economic history in the United States and put the country on a debt-fueled disaster course is the Wall Street crash of 2008 and the bailouts, both monetary and fiscal, that have followed ever since… Read More Within a Matter of Months, the Fed’s Balance Sheet Will Hit $8 Trillion; These Charts Tell the Rest of the Story

GameStop Hearing Exposes a Sick Business Model Destined to Exacerbate Wealth Inequality in America

The reason that the young people placing trades at Robinhood are viewed as “the product” that Robinhood is selling to Citadel Securities is that Wall Street has long viewed retail orders as the “dumb money” it would like to trade against… Read More GameStop Hearing Exposes a Sick Business Model Destined to Exacerbate Wealth Inequality in America

Citadel Is Paying for Order Flow from Nine OnLine Brokerage Firms – Not Just Robinhood

The bottom line here: there was a high probability that no matter what online brokerage firm Redditors sent their GameStop orders to initially, Ken Griffin’s Citadel Securities was getting a piece of the action in the end. By Pam Martens and Russ Martens of Wall Street on Parade. Since 2000, the Securities and Exchange Commission… Read More Citadel Is Paying for Order Flow from Nine OnLine Brokerage Firms – Not Just Robinhood