Photographer: Michael Nagle © 2020 Bloomberg Finance LP“And in this stock market ring is…" a wild-West, mixed-martial-arts, no-holds-barred, armed combat among predators. Unable to find a footing in this new stock market offshoot, those savvy investors are warning that a crash must be coming to set right the extreme over-valuations and hyper-activity. The problem is, those "over-the-top" symptoms they cite and fret about are "normality" in this new stock market area - and they show no signs of collapse. Last week's results and commentary are perfect examples of the stock market's "crazy" fourth ringFirst, the story is everything... GameStop's short squeeze (normally, a rare occurrence) shows how the professionals are learning new, hard lessons in the fourth ring.
Source: Forbes January 25, 2021 05:47 UTC