But who’s buying? CEO Adam Aron is schmoozling and bamboozling the Reddit crowd.
A joke where everyone is making fun of everyone in grand & crazy pump-and-dump schemes. But I can’t blame AMC. I blame the Fed.
Investors may still be doing a lot of heavy breathing.
“Inflationary pressures pose increasing price risks to Treasuries & stocks” as the Fed will react.
Margin debt is just the visible tip of the iceberg of leverage, and it reached the zoo-has-gone-nuts level.
The Fed did. Nearly everyone did. Even China nibbled again. Here’s who holds that monstrous $28.1 trillion US National Debt.
Are Americans finally figuring it out as they’re paying down their credit cards by record amounts? So far, $25 billion a year in lost interest income for the banks!
Forbearance Effect: Serious delinquencies of mortgages & student loans plunge to record lows because delinquent loans in forbearance don’t count as delinquent.
Commercial bankruptcy filings drop to lows last seen in the loosey-goosey days just before the Financial Crisis.
Archegos shows how leverage is the great accelerator of stock prices on the way up, and on the way down. One of its bets, ViacomCBS collapsed by 60%.