“Investors want that volatility to stop happening, but I don’t think tapering is the thing that’ll do it,” he said of the up-and-down swings in Internet-board darlings. “People wish it was true that meme stocks would take a hit on The Fed news,” one hedge fund manager told The Post. Rosen said meme stocks essentially function in an alternate universe - not buffeted by the news flow. Toby Scott/SOPA Images/LightRocket via Getty Images Just click on the template you like to add to your page in the editor. Add keywords that fit your theme and style to narrow down your search. Browse through Canva’s library of meme templates for every theme. AMC Entertainment, rose 17 percent over the past week. Open up Canva and search for 'Meme' on the search tool to start. Emma Taubenfeld is an assistant editor for Reader’s Digest who focuses on digital lifestyle topics such as memes, social media captions, pick-up lines, and cute pets. “I don’t think meme stocks would be affected by actions of the Fed,” former StockTwits CEO Ian Rosen told The Post. Some market watchers said stocks could face choppy waters over the next few months as the Fed begins tapering its $120 billion in monthly bond buys given the uncertainty of how that will affect markets overall.īut meme stocks likely will be insulated from any Fed-related ripples, they said. The broader stock market also climbed this week, hitting all-time closing records along the way: The S&P 500 closed up 2 percent on the week, while the Dow Jones Industrial Average was up 1.1 percent. Game Stop, meanwhile, the original Reddit board favorite, rose 14 percent over the week it’s up more than 1,100 percent over the past year. SOPA Images/LightRocket via GettĪnother meme darling, AMC Entertainment, rose 17 percent over the past week - and is up almost 2,000 percent so far this year. (It’s still down about 50 percent over a five-year time frame.) “I don’t think meme stocks would be affected by actions of the Fed,” Ian Rosen told The Post.
The long-battered brick-and-mortar retailer rose nearly 60 percent over the week after it was picked as the next stock to be targeted by the retail investing crowd. So for now, meme investors are likely to continue to pile in whatever the Reddit boards tell them to - most recently this week, Bed Bath and Beyond, which joined the ranks of AMC Theatres and Game Stop as the next darling of the Internet crowd. “The ‘meme stock’ phenomenon has as much to do with gambling and ‘sticking it’ to the traditional Wall Street narrative and I don’t think that would be affected by actions of the Fed,” Ian Rosen, a partner at TIFIN Partners told The Post. In fact, there’s not much the Fed will do that will affect meme stocks at all, market players told The Post. The Federal Reserve’s signal that it could eventually raise interest rates - though not anytime soon - isn’t likely to stop the rise of meme stocks, analysts and investors said. Gensler all wet with overregulation would sink ‘meme’ markets Feel free, and in fact we encourage you, to share with your loved ones at this time.AMC CEO Adam Aron sells nearly $25 million in sharesīed Bath & Beyond joins meme stock crowd - jumping 50 percent this weekĭog fight: Shiba Inu price jumps 45 percent to soar past Dogecoin Here are ELLE's favourite coronavirus memes. Luckily at this time, the meme-makers have stepped up and done their public service: providing us with either perfectly relatable or just that bit exaggerated content and even as we approach a year since we went into lockdown, the memes still keep on coming. You’re welcome, LOL 1) Here are some of the best funny Monday memes Hey Monday, you left this at my house 2) Am I ready for Monday: No. Here are the top 65 funny memes to help you get through the day. While also reading uplifting pieces of news, watching our fave celebrities perform dance routines and figuring out how we can do our bit to help, sharing and receiving memes poking fun at our new daily realities of social distancing have provided some much-needed hilarity at times where it could very much feel like you're on the verge of losing it. Help cheer up someone on the first day of the workweek and let them know you share their pain with any one of these funny memes.
Undoubtedly, if you've been stuck at home, especially in the early days of lockdown wondering how you were possibly going to entertain yourself for weeks on end, you'll likely have consoled yourselves with plenty of coronavirus memes - sharing them via our friends and family WhatsApp groups in these strange set of circumstances. While the guidance, advice and rules may have changed and evolved during the Coronavirus pandemic, one thing that hasn't changed is the plethora of memes.
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