The once and future recovery: Will stimulus prove a springboard or bubble?
Markets are counting on the US to provide a stimulus jump into a full-fledged recovery. The signs of expectation and excess abound from equities to Ga
Source: fxstreet.com
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Reddit Trolls Beat the Stock Market, and the Elites are Really, Really Mad
AP Photo/Richard Drew This is one of those stories that’s so good that you have to double check it’s not parody. The talk of the stock market right now involves GameStop (among other stocks) and a group of Reddit users that decided to play Wall Street’s own game against them. If you don’t understand stock trades, it can be a bit in the weeds, but the general idea is simple. A bunch of hedge fund managers shorted stock trying to make money. In response, a group of Reddit users banded together to legally buy up those stocks and squeeze the short.
Source: redstate.com