Stock Market Gamblers Let It Ride Again in Brutal Year
- S&P 500 up for second week as investors cheer Powell’s speech
- JPMorgan sees increase of $3.3 trillion share demand in 2023
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Like stuck card players trying to win it all back in one hand, equity bulls are dialing up risk appetites at the tail-end of a brutal year.
Active stock managers are adding to positions. Option markets show a trend toward hedging, a sign professional traders are dipping back into equities. Beyond institutional circles, demand for meme stocks springs eternal, with chat-room favorites like AMC Entertainment posting big days.