by Martin Armstrong
Armstrong Economics
While many pundits are calling this the “squeeze of a lifetime” and a war of retail against the hedge funds, in reality, it was a PERFECT cyclical move after 13 years down. Of course, they are claiming that a band of retail are waging war against the Hedge Funds and the press is claiming “one big question amid the frenzy has been how much the little guys really matter.”
Even AOC has chimed in saying “Gotta admit it’s really something to see Wall Streeters with a long history of treating our economy as a casino complain about a message board of posters also treating the market as a casino.” She then added: “Anyways, Tax the Rich.”