GameStop and Dogecoin Are This Generation’s Rock & Roll and They’re Changing How Markets Work

Get-rich-quick trading is partly about entertainment, but it’s having a very real impact on markets.

Photo illustration: 731; Photos: Getty Images; Shutterstock
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It’s been a weird year for the old guard of the financial markets industry.

Consider the events of last week: U.S. employment data trailed economists’ forecasts by the most on record, and more than 130 companies in the S&P 500 reported earnings.