"The final piece of it and not something to discount at all is really the stimulus checks," she said. "Those rolling out the first week of January, and then the rise in options trading over the last couple of weeks [is] very, very much connected in our view."
Agati, who oversees $170 billion in assets under management, predicts the speculative mania will fizzle when the country's economy reopens and the coronavirus pandemic subsides. She believes a huge underpinning of retail investors jumping into stocks to drive up prices is a side effect of a stay at home world."While we're always worried about that spillover effect, it still at least for now remains very much contained to a narrow subset of equities," Agati said.
TradingNation All ur writers who have written PURE BULLSHIT abt Reddit & GME frenzy r simply a bunch of clowns detached from reality, forgetting that tens of banks & 'smart' WallStreet traders & executives have been charged w/ corruption, manipulation,& other frauds over the years. U R GARBAGE
TradingNation Based on the risky bets placed by the hedge funds, I rate them and their allies a sell... HIGH RISK CitronResearch MelvinCapitalLP RobinhoodApp IBKR Citadel p72vc MarketWatch WSJ jimcramer MadMoneyOnCNBC business Reuters
TradingNation All investing is speculative...keep appeasing your Hedgie masters you shills GMEGANG
TradingNation
TradingNation
TradingNation wsbmod TheRoaringKitty stoolpresidente
TradingNation The amount of new online traders reminds me of 1999 just before the dot-com bubble
TradingNation $AMC keep it up!
TradingNation 1 Reason: the market is controlled by snakes and promoted by bitches like CNBC.
TradingNation And what will end this nonsense is the day of reckoning where over cocky inexperienced gamblers will lose it all. It’s coming but the Fed’s zero interest policy is just extending market and once again housing bubbles.
TradingNation Stocks is speculative. Look what happened in March. We know stocks do not always go up, why we take profits. We not dumb!
TradingNation CNBC is a criminal organization.
TradingNation
TradingNation 1 shorting 100% of available shares ?
TradingNation Don't miss the train!! 🚀🚀🚀
TradingNation Dear .SenSchumer & SpeakerPelosi: If you can start Trump's impeachment trial by Feb 8, you can get us the $2,000 Stimulus Checks by Feb 8! Delay Trump's trial for another week and get those checks sent THIS WEEK! NO MORE DICKING AROUND! Thanks Fellow Democrats!
TradingNation
TradingNation nice
TradingNation Among us got boring.