M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
With a 60% drop today, the erasing in just two-days of 70% of the market value of GameStop is indicative of the "short squeeze" unwind (the reasons for which are controversial). The resulting lifting of the "de-grossing" threat opened the way for stocks aspiring to new record highs #markets #stocks #gme #equities #gamestop #trading #economy
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