Peloton 2020 Q3 Recap

Despite giving back some ground in September, the broad stock market rebound from the sharp March-April COVID selloff continued in the third quarter. In fact, the S&P’s nearly 9% gain in Q3 more than erased the early losses, leaving the index solidly positive for...

Peloton 2020 Q2 Recap

For the Peloton team and our families, like our clients and friends, last quarter was a blur. Everything has been so dominated by the COVID-19 outbreak and efforts to contain the virus, it seems strange to discuss anything else. Self-imposed shutdowns of varying...

Retail Trading

Over the past four months there has been an explosion in new retail trading accounts. Robinhood, the stock trading app popular amongst millennials, opened a record 3 million new accounts in the first quarter. Most of these accounts are owned by “Newbies” who lack...