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Any other business

The Reddit rampage is a sign of market turmoil ahead

6 February 2021

9:00 AM

6 February 2021

9:00 AM

The Reddit story — in which a ragtag army of small investors have executed a spectacular short squeeze against hedge-fund goliaths — can be interpreted two ways. Some say it’s another populist citadel–storming in the spirit of the moment, but this time an admirable one because its target is ‘Wall Street’, which everyone hates: the so-called ‘stick it to the man’ version.

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