Daily Archives: April 4, 2024
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08Aug10:46 amEST
This Silly Summer Chase is a Serious Warning
The chase into meme stocks and other short squeeze plays, such as AMC BBBY FUBO GME PTON, among others, may very well be a fun summer reminder of the retail squeeze bonanza back in early-2021 where GME and AMC went ballistic to the upside for a few weeks. However, it ought to serve as a stark warning to Fed officials (and Congress) that...