Long Reads Sunday #99

Happy Sunday from the Hudson Valley This week was somewhat less wild than last week (no bankrupt company stocks dominating the headlines), but there remains a gnawing question of how sustainable the complete untethering of financial markets from the real economy is. In our main topic, I look why the long anticipated generational transfer of wealth simply might not happen, and why, in that context, the Robinhood ralliers look even more like an insurgency on an economy that they’ve (correctly) identified isn’t designed to serve them.

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