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Volatility in Crypto & Meme Stocks

Schwab Network

English - May 20, 2021 21:40 - 6 minutes - 41.6 MB - ★★★★★ - 23 ratings
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"The volatility in crypto and meme stocks is driven by a lack of increase in liquidity," says Chris Wallis. He believes that the risk is the U.S. economic growth slowing down potentially as early as 3Q. Also, will the market will become skeptical of consumption trends and consumer discretionary earnings momentum as the stimulus fades?