MORE PRO-CYCLICAL INFLUENCES
And why the RobinHood situation continues to worry the 'tourist
We need to talk about GameStop again. But not for the reasons you might think.
Over the past few days, the whole RobinHood / GameStop / Melvin saga has morphed into an “us versus them” battle-Royale. The Wall Street Bets (WSB) community has somehow amazingly convinced the masses that buying GME is “sticking it to the man”.
Nothing could be further fro…