Dec. 2, 2025

Retail is Nervous. Wall Street Isn’t. Why?

Retail is Nervous. Wall Street Isn’t. Why?
Retail is Nervous. Wall Street Isn’t. Why?
This Time Is Different
Retail is Nervous. Wall Street Isn’t. Why?
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Retail investors are selling off risky assets, like Bitcoin, but the big institutional money is sitting tight.

Ricky Mulvey and Malcolm Ethridge discuss:

- The surprising number of high-income earners using Buy Now Pay Later.

- Abercrombie & Fitch as a buyback machine.

- Why retail investors are afraid of the AI trade, but big money is not.

- Nvidia’s potential accounting issues.

Hosts: Malcolm Ethridge, Ricky Mulvey

Engineer: Tim Sparks

Articles discussed:

High-income earners using BNPL: https://theharrispoll.com/wp-content/uploads/2025/11/Income-Paradox-Survey-November-2025.pdf Nvidia’s accounting questions: https://substack.com/home/post/p-179453867

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