Tim Welsh on booming demand from retail investors

There’s nothing like momentum begetting momentum. The aspect of just access is really driving a lot of this and the whole upward tick in the markets, again, just fuels demand...  The stock market is so much more democratized.  Everyone sort of has access to it now and it’s free.  I still think that’s the main driver here is that trading is free, fractional shares are here and just the enthusiasm for seeing something that, you may or may not have that much experience with, seems to go up at a very steady pace of the last couple months.

~ Tim Welsh, founder and CEO of wealth management consulting firm Nexus Strategy, "Robinhood traders cash in on the market comeback that billionaire investors missed," CNBC.com, June 9, 2020