Investors can ignore GameStop, but the trends that put $GME at the center of the stock market are here to stay. barrons.com/articles/the-g…
GameStop was an emblem of the Covid-era economy. Then users on #WallStreetBets coalesced around the stock. Retail investors countered the huge short interest that had massed against $GME, causing a squeeze that throttled hedge funds. barrons.com/articles/the-g…
The new power of retail investors is a "change that is not going to go away,” said NYU professor @AswathDamodaran. “And that’s shaking up traditional portfolio managers, because they’ve lost control of the process.” barrons.com/articles/the-g…
The stock market had been able to ignore the wild trading in heavily shorted stocks—until now. As of Wednesday's close, the Dow was down 2.05%, the S&P was down 2.57%, and the Nasdaq was down 2.61%.barrons.com/articles/how-g…
GameStop is partially to blame. Retail traders—often using options—have helped propel $GME stock more than 1,000% this year. On Wednesday alone, shares were up more than 100%. barrons.com/articles/how-g…
The rise is the result of a short squeeze, where investors like hedge funds must buy shares to cover bets as losses mount for short sellers. Shares of other heavily shorted companies, like $AMC and $BBBY, rose Wednesday as well. barrons.com/articles/dow-j…
Amid a tumultuous election, Jerome Powell will go about his usual business this week. For investors, he's arguably more important than the outcome of the election. barrons.com/articles/why-j…
Faced with a pandemic that has forced Americans to stay at home and shut down businesses, Powell's Fed acted swiftly to prevent a major financial catastrophe. barrons.com/articles/why-j…
In the face of a major economic downturn, the central bank cut interest rates to near zero, unleashed enormous bond-buying programs, deployed new lending facilities, and went far beyond what any Fed had done in the past. barrons.com/articles/why-j…
Tuesday's election will be a critical one for the nation. No matter who wins, investors can rest easy knowing there will still be long-term opportunities in the market—and Jerome Powell will still be running the Fed. In this week's issue:
For investors, Powell is arguably a more important figure in Washington than whoever will occupy the White House come 2021. Here's why barrons.com/articles/why-j…
In Barron's exclusive Big Money Poll, 137 professional money managers shared how they're investing amid big questions about politics, economics, and the path of the pandemic. Their conflicting convictions underscore the challenges facing investors today. barrons.com/articles/u-s-m…
A majority of poll respondents are bullish on U.S. stocks over the coming year, at 54%. Roughly a third describe their outlook as neutral, with the remaining 13% bearish. barrons.com/articles/u-s-m…
Even though the bulls don’t see major gains in store in the near term, they are upbeat about stocks post-Covid. Bullish managers see the Dow Jones Industrial Average ending the year about even with current levels, at 28,433 on average. barrons.com/articles/u-s-m…
Between a pandemic, a recession, and a contentious presidential campaign, 2020 has thrown investors for a loop—and the year ahead could be just as eventful. In this week's issue:
In an exclusive Barron’s survey of U.S. money managers, respondents say they’re bullish on the prospects for stocks after a year of turmoil. Here’s how they’re planning to put money to work on.barrons.com/3o9pYS6