YouTube 'finfluencer' videos 'like talking about cars'

YouTube 'finfluencer' videos 'like talking about cars'
YouTuber Joshua Wang says his videos are either entertainment or educational content that fit within the FMA's guidelines. (Image: Screenshot)
Dan Brunskill
The Financial Markets Authority has warned influencers who discuss finance on social media not to stray into giving financial advice.The regulator has released a guide for influencers trying to show them how not to cross the line into becoming an unauthorised financial advisor.As the retail trading phenomenon has taken off, so has content related to financial markets ranging from absurdist memes about monetary policy to amateur stock-picking and equity research.On China-based video app TikTok the hashtag ‘stockstobuy’ has had 427 mi...

More Markets

US tariff risk less than expected for FPH, Jarden says
Economy

US tariff risk less than expected for FPH, Jarden says

Jarden says tariff-related impacts on earnings would be "nominal" by 2030.

Jarden says Skellerup 'most exposed' to Trump's tariffs
Markets

Jarden says Skellerup 'most exposed' to Trump's tariffs

US President Donald Trump's sweeping global tariffs, announced on Thursday, are expected to have devastating consequences not only in the US but also in New Zealand.In a note on Friday morning, Jarden analysts Guy Hooper and Nick Yeo predicted that NZX-listed Skellerup looks...

Wall Street reels as Trump’s plan sinks markets
Markets

Wall Street reels as Trump’s plan sinks markets

The president’s sweeping tariffs proved far more severe than investors predicted.

Iron sand project could deliver $265m GDP boost: NZIER
Economy

Iron sand project could deliver $265m GDP boost: NZIER

Iron sands mining in Taranaki could create 1365 jobs, NZIER report says.