Only in this Fed-driven Bizarro World equity market would a company (Robinhood, ticker: HOOD), that generates revenue by selling customer order flow be rewarded by many of those customers in the form of a 50% stock pop in one day and a 100% stock price gain in one week. The irony is thick. HOOD’s nosebleed valuation is one of many distortions made possible by the most radical monetary policy in U.S. history.
