GameStop stock trading has pitted hedge funds against small investors on a stage watched by US regulators. This is the tip of the iceberg as Wall Street losses mount and speculative traders seek a level playing field.
Dividend payouts are coming back after a large decline in European and UK stocks last year. Inflation holds the key to growing payouts, as GDP growth ramps up after the COVID crisis.
SPACs and IPOs in 2020 reached levels never before seen. Add this to the list of excitement in US stocks and you have a potential frothy market that could lead to further declines in February.
More information about Griftopia, the book that Alan mentions, is available on the publisher’s website.