News headlines erupted and investors watched with fascination as a David & Goliath story played out when a group of amateur retail Reddit investors went up against Wall Street hedge funds that were looking to short stocks, such as GameStop. Some of the stocks unexpectedly rose more than 200%. What’s actually happening? What are the implications for everyday investors?
Secondly, new vaccines are starting to get attention and are seeking government approvals in the near future. It comes at a time when Canadians have been hit by delays in vaccine shipments from Pfizer and Moderna.
Finally, investors are very focused on market valuations. Have we come too far, too fast? Is a pullback coming? Are parts of the market in a bubble?
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