
Wanted: Cheap And Volatile
GameStop and some of its Reddit-fueled compatriots may have collapsed, but that hasn't necessarily derailed the trade in speculative or otherwise risky investment styles, and I don't just mean Bitcoin.
As noted here on Monday afternoon, the Russell 2000 was the big winner of the six-day surge in US equities. Small-caps were up some 10% over that stretch.
Obviously, the gauge has benefited from the pro-cyclical lean in markets since November, but it has a quality problem which is getting progre