RIP Wall Street vs. Main Street
–News Direct–
Whenever the retail news talks about Wall Street vs. Main Street, I just chuckle. Wall Street vs. Main Street is long gone. The new market structure is entirely different now, with exciting new opportunities for retail traders and investors.
The term Wall Street referred to the giant Sell-Side Institutions, the big banks and investment firms which once dominated the market. Big banks were the power and money behind most transactions. That dominance ended in 2008 with the banking debacle of that era. Wall Street has never been the same. Banks are struggling.
Should you be worried?
No. What you should be focused on are the Giant Buy-Side Institutions, which I call the Dark Pools since they transact orders on hidden Dark Pool venues. They are now the dominant force behind t...