14d ago in General discussion
Meme stocks revert back to the mean
Charlie Billeo - One of the consequences of a more normal monetary policy regime has been the reversion to the mean in “meme stocks.” The rampant speculation that was prevalent in 2021 during 0% rates/QE is nowhere to be found, with many of the most popular meme stocks now down over 90% from their highs.
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Meme stocks revert back to the mean
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