The Week Populism Came to Wall Street

The Week Populism Came to Wall Street

42 Minuten

Beschreibung

vor 4 Jahren

Hedge fund managers and Wall Street were exposed this week after
a subreddit group pooled investments for GameStop, AMC, and a
variety of other companies. The little guys took on Wall Street
and won. For a moment anyway. Many of the applications that
marketed themselves as means for the "average joe" to invest
barred investors from buying and selling select stocks with their
own money. Apparently, the rules are different for big hedge fund
managers and those of us that work on main street. The episode
outraged people on all sides of the political spectrum and was
the first real "unifying" moment of 2021.


Congress is still maneuvering another covid 19 relief package. It
seems more likely "reconciliation" will be used to get the
proposal passed and signed by President Biden. With variants
being discovered, it is a race against the clock for both
people's health and the economy.


Lastly, the in-fighting in the GOP continues to take shape. More
of Rep. Marjorie Taylor Greene's past conspiracy theories and
behaviors are coming to light. Will there be any accountability
in Congress? Rep. Matt Gaetz flew to Wyoming to rally against
Rep. Liz Cheney. Which course will lead the GOP? 

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