What the meme stock surge is telling us about the economy

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Inflation News

Federal Reserve

Bubbly activity in markets is a sign that financial conditions may not be as tight as the Fed intends.

are having a new moment, along with speculative crypto assets and other hallmarks of that bubbly environment three years ago.

The fact that the ultra-speculative vibes are back raises questions about whether the Fed's policies are cooling down financial conditions — and, by extension, inflationary pressure — as much as advertised.

 

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