It drives me f...ing insane how people blame speculators and short sellers. Gov’t and Fed creates all these crazy debt instruments, SEC allows companies to issue junk debt for stock buybacks, and so on. What in the heck do they think people are going to do when they set up this madness? Most of us would love to analyze GameStop based on how many games they’ll sell and so on, but you’d be out of your mind to think that way in these fraudulent “markets”.
Instead look for liquidity waves, ride it, get out before it crashes.
“Gov’t and Fed creates all these crazy debt instruments,”
The private market creates them, not the gov’t nor the Fed. The gov’t and Fed sometimes have regulatory power over markets and sometimes they don’t. Congress prohibited regulation of some of the derivatives that resulted in the housing bubble.