# Sports bettors may be a driving force behind the stock market surge - Axios

<https://www.axios.com/sports-betting-stock-market-surge-0e945773-d676-4f0a-a6a0-a0f92611b10b.html>

- Host: [axios.com](https://links.thingelstad.xyz/hosts/axios.com/)
- Saved: June 10, 2020 (2020-06-10T17:43:39Z)
- Record: https://links.thingelstad.xyz/links/c7d3dbb33456/
- JSON: https://links.thingelstad.xyz/links/c7d3dbb33456.json

## What Jamie wrote

This article is speculative, but there certainly is some data to back up the case. 

> Professional investors have largely abandoned the stock market amid the coronavirus pandemic, but sports bettors and bored millennials have jumped into the retail stock trading market with both feet.

That could explain the rather crazy run up in the market amidst such a terrible economic outlook.

## Facts

- Kind: [Page](https://links.thingelstad.xyz/kinds/page/)

## Appears in

- [WT152: Weekly Thing #152 / Juneteenth, Uncomfortable Conversations, Facebook](https://weekly.thingelstad.com/archive/152/), Recommended Links

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## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://www.axios.com/sports-betting-stock-market-surge-0e945773-d676-4f0a-a6a0-a0f92611b10b.html