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Column: GameStop isn't the first stock market mania, and it won't be the last [Los Angeles Times]


FAIRFIELD-SUISUN, CALIFORNIA
Column: GameStop isn’t the first stock market mania, and it won’t be the last [Los Angeles Times]
So you think the stock market frenzy in GameStop is something new under the sun?
You’re not alone. Investment pundits pondering the ridiculous run-up in shares of this money-losing retailer are searching for the big picture, their fingers itching to justify typing the word “unprecedented.”
They’re dying to show they’re on to something more profound than a spin of Wall Street’s roulette wheel. Here’s Bloomberg’s John Authers:
“The people investing today are driven by righteous anger, about generational injustice, about what they see as the corruption and unfairness of the way the banks were bailed out in 2008 … and about lacerating poverty and inequality. This makes it unlike any of the speculative rallies and crashes that have preceded it.” ....

New York , United States , Los Angeles , Jeff Macke , Jim Chanos , Irving Fisher , Warren Buffett , Josh Brown , J Pierpont Morgan , Bloomberg John Authers , Jed Thorp , Joe Granville , Ryan Cohen , Exchange Commission , Brooklyn Rapid Transit Co , Los Angeles Times , Dow Jones , Tribune Content Agency , Wall Street , John Authers , Tokyo Joe , Yun Soo Oh Park , Melvin Capital , Financial Pundits , Roswell Pettibone Flower , Gilded Age ,

Michael Hiltzik: GameStop isn't the first stock market mania, and it won't be the last [Los Angeles Times :: BC-HILTZIK-COLUMN-GAMESTOP:LA]


FAIRFIELD-SUISUN, CALIFORNIA
Michael Hiltzik: GameStop isn’t the first stock market mania, and it won’t be the last [Los Angeles Times :: BC-HILTZIK-COLUMN-GAMESTOP:LA]
So you think the stock market frenzy in GameStop is something new under the sun?
You’re not alone. Investment pundits pondering the ridiculous run-up in shares of this money-losing retailer are searching for the big picture, their fingers itching to justify typing the word “unprecedented.”
They’re dying to show they’re on to something more profound than a spin of Wall Street’s roulette wheel. Here’s Bloomberg’s John Authers:
“The people investing today are driven by righteous anger, about generational injustice, about what they see as the corruption and unfairness of the way the banks were bailed out in 2008 … and about lacerating poverty and inequality. This makes it unlike any of the speculative rallies and crashes that have preceded it.” ....

New York , United States , Los Angeles , Michael Hiltzik , Jeff Macke , Jim Chanos , Irving Fisher , Warren Buffett , Josh Brown , J Pierpont Morgan , Bloomberg John Authers , Jed Thorp , Joe Granville , Ryan Cohen , Exchange Commission , Los Angeles Times , Brooklyn Rapid Transit Co , Dow Jones , Tribune Content Agency , Wall Street , John Authers , Tokyo Joe , Yun Soo Oh Park , Melvin Capital , Financial Pundits , Roswell Pettibone Flower ,

JP Morgan to Launch Digital Bank in the UK


JP Morgan to Launch Digital Bank in the UK
The digital banking sector will get a bit more crowded in the UK following the news that
JP Morgan (NYSE:JPM) is planning to launch a digital bank in the country. JP Morgan will follow in the footsteps of Marcus, created by Goldman Sachs, entering the fray to compete with the likes of Revolut, Monzo, Starling Bank, and others.
According to the bank, the digital iteration will be based in London with operations in Edinburgh. 
Sanoke Viswanathan will be the CEO of the digital bank and the new entity is said to have already hired 400 people with more to follow. Of note, Viswanathan is on the board of ....

United Kingdom , City Of , J Pierpont Morgan , Sanoke Viswanathan , Gordon Smith , Starling Bank , Jp Morgan , Goldman Sachs , Digital Asset , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , ஜு பியர்‌பாஂட் மோர்கன் , கோர்டந் ஸ்மித் , ஸ்டார்லிங் வங்கி , ஜ்ப் மோர்கன் , கோல்ட்மேன் சாக்ஸ் , டிஜிட்டல் சொத்து ,

Hiltzik: GameStop and stock market frenzies of the past


So you think the stock market frenzy in GameStop is something new under the sun?
You’re not alone. Investment pundits pondering the ridiculous run-up in shares of this money-losing retailer are searching for the big picture, their fingers itching to justify typing the word “unprecedented.”
They’re dying to show they’re on to something more profound than a spin of Wall Street’s roulette wheel. Here’s Bloomberg’s John Authers:
“The people investing today are driven by righteous anger, about generational injustice, about what they see as the corruption and unfairness of the way the banks were bailed out in 2008 . and about lacerating poverty and inequality. This makes it unlike any of the speculative rallies and crashes that have preceded it.” ....

New York , United States , Jeff Macke , Jim Chanos , Irving Fisher , Warren Buffett , Josh Brown , J Pierpont Morgan , Bloomberg John Authers , Jed Thorp , Joe Granville , Ryan Cohen , Exchange Commission , Brooklyn Rapid Transit Co , Dow Jones , Wall Street , John Authers , Tokyo Joe , Yun Soo Oh Park , Melvin Capital , Financial Pundits , Roswell Pettibone Flower , Gilded Age , Pierpont Morgan , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் ,