Bubble-licious markets and what Canadians should pay attention to
Markets are going up around the world, despite the pandemic. Are we hitting a speculative bubble or is there just nowhere else for people's money to go right now?
The frenzy over GameStop appears to be dwindling as GME stocks drop.
- The Cost of Living ❤s money — how it makes (or breaks) us.
Catch us Sundays on CBC Radio One at 12:00 p.m. (12:30 p.m. NT).
We also repeat the following Tuesday at 11:30 a.m. in most provinces.
But when millions of Redditors jump into so-called meme stocks, it can look to longtime investors like a classic market bubble. And according to experts, that's the trend to pay attention if you are newer to markets or have perhaps never touched day-trading or a Bloomberg terminal.
So are we hitting a speculative bubble or is there just nowhere for people's money to go right now?
Click "listen" at the top of the page to hear this segment, or download the Cost of Living podcast.