Trading

Meet the social-media influencers who can earn millions of dollars a year and move markets

Young investors are turning to a new generation of stock pickers — many without formal training — for advice

A few years ago, Kevin Paffrath, a 29-year-old real-estate broker and father of two who lives in Ventura, California, earned most of his income from commissions on home sales, and kept up a side gig recording online videos about home buying.

Today, he’s MeetKevin, a YouTube influencer with 1.7 million subscribers. Most days, he live-streams on the platform for several hours, talking about the stock market and doling out investing advice in a rapid-fire, self-deprecating manner. He banters with commenters, hams it up with silly British accents and sips coffee in front of a wall in his home studio hung with brightly coloured cartoon posters and a turquoise electric guitar. In addition to the live streams, he’s made hundreds of videos on a range of investment-advice topics.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It