Gamestop. Revenge of the Small Investor or Yet Another Massive Bubble?

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If small investors believe part of the market is rigged and some people in Wall Street undertake illegal activities… Why do these so-called Robin Hood platforms decide to do things that are borderline illegal if not exactly the same as what they accuse others of doing?

The World Bank alerts of the risk of a lost decade in its latest Global Outlook report.

The biggest mistake the Biden administration can make is to follow the siren calls of its competing economies to massively devalue the US Dollar, print endlessly and go full-MMT (Modern Monetary Theory), which is not modern nor a theory. Destroying the currency’s purchasing power to finance bloated government spending has been used for centuries with the same final effect: Collapse of the economy.

Many financial experts have rushed to make what has been regarded as “Biden trade” calls based on the projections by The Associated Press, NBC News and other news outlets of a Joe Biden presidency. The “Biden trade” is a synonym of a recommendation to invest in assets that may benefit from a Democratic presidency judging by the main policies announced throughout the campaign.