-AMC is an options market puppet — this post has two parts, the first one about AMC and the impact options have on meme stocks. But the second story on impact of investors on housing market is why I am sharing this one:
Striking numbers: in Phoenix, New York, Austin, Tampa and Las Vegas, about a third of the market is investors!
-COVID-19 hospitalization rates in adolescents went up during March and April — even with overall numbers going down it is way too early to declare victory.
-What We Leave Behind — really good reflection on last 12 months and looking at what truly matters.
There is so much that’s jarring about American exceptionalism. An enduring American image of the pandemic is a makeshift morgue in a refrigerated tractor-trailer in Queens. Worse? We idolize the founder of Tesla, who’s added the GDP of Hungary to his wealth (all tax-free/deferred) during this crisis, even as we discover 25% of New Yorkers are at risk for becoming food insecure. This isn’t a United States, it’s The Hunger Games.
