SP500 0.58% 2,958.8 standard & poor's 500

The Gamestop situation is hilarious imo, will be a shame when a...

  1. 197 Posts.
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    The Gamestop situation is hilarious imo, will be a shame when a lot of people lose a lot of money but it's great to see the 1% complain to the SEC about market manipulation when it's done by retail investors. Never underestimate the power of mob mentality on the internet (think conspiracies). I do think that there are too many people making too much money at the moment that surely it has to go down, we have to be close to euphoria, but as long as it is all measured in $USD I can't see how rampant money printing doesn't continue to boost the markets. The market has decoupled from the economy and with the current inflation more and more people have to turn to speculative stocks to not live their life at a loss with cash
 
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