Free Republic

GameStop dominated Wall Street in an odd financial tug-of-war. Investors on Reddit bought up the stock after big hedge funds had sold the stock short, essentially betting it would go down. GameStop’s stock price skyrocketed and short-sellers lost billions. Talking heads scrambled to make sense of the event. But one of the most brain-melting assessments of the GameStop short squeeze came from Bloomberg TV guest and President of Financial Insyghts Peter Atwater. Atwater was so perplexed that he actually compared individual investors on Reddit outsmarting the big short-sellers to the Jan. 6, Capitol Hill Riot during a segment on Bloomberg...

Bloomberg later told CBS Evening News Anchor Katie Couric that the suspect behind the bombing attempt could be a domestic terrorist angry at the government who acted alone. "If I had to guess 25 cents, this would be exactly that. Homegrown, or maybe a mentally deranged person, or somebody with a political agenda that doesn't like the health care bill or something. It could be anything," he said.