The MLive Pulse survey is out and it says that investors think that meme stocks are here to stay. Nearly two thirds of the 522 respondents, so we are pulling both strategists and portfolio managers on the Wall Street as well as retail traders who have the terminal link. There's an expectation that it will continue to live on in one way or another.
Bloomberg News Economy Reporter Michael Sasso explains why millions of Americans are being forced to bet on power and natural-gas prices at a time when even seasoned professionals are unsure where highly volatile markets are headed. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Cross Asset Reporter Vildana Hajric shares the details of Vildana's Businessweek Magazine story Think Crypto’s Real Value Was $3 Trillion? Try $875 Billion. Bloomberg News Equities Reporter Bailey Lipschultz says meme stock mania will live on despite the wild swings. And we Drive to the Close with Aaron Kennon, CEO at Clear Harbor Asset Management.
Hosts: Tim Stenovec and Katie Greifeld. Producer: Paul Brennan.
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