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Just when you think the stock market is about to settle down, things get crazy again.
Already in 2021, we ve seen Reddit-fueled short squeezes driving stocks like
GameStop through the roof. More recently, many of last year s biggest winners have plunged as investors rotated out of high-growth tech stocks and into more cyclical plays like energy and financials as Treasury yields rose, portending higher interest rates and confidence in the economic recovery.