Is The GameStop Trade Really A Political Rebellion?

Is The GameStop Trade Really A Political Rebellion?
Bloomberg
2/2/2021
Joe Weisenthal and Tracy Alloway
© Bloomberg
The WallStreetBets forum on the Reddit Inc. website on a laptop computer and the GameStop logo on a smartphone arranged in Hastings-On-Hudson, New York, U.S., on Friday, Jan. 29, 2021. Reddit Inc. Chief Executive Officer Steve Huffman said on Thursday that the WallStreetBets forum is “by no means perfect but they’ve been well in the bounds of our content policy.”
(Bloomberg) --
The GameStop short squeeze is one of the most extraordinary events to ever happen in markets. But does it have political significance? Some are saying that it represents the manifestation of Occupy Wall Street, that it is some kind of class warfare against hedge fund elites. Or is it just an interesting trade. We discussed what this moment really means, and what its impact going forward will be, with George Pearkes of Bespoke Investment and Jill Carlson of Slow Ventures.

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