The perfect summary of today’s capital markets insanity from Matt Levine

The perfect summary of today's capital markets insanity from @matt_levine pic.twitter.com/IVQBDuCyqo

— Donut Shorts (@DonutShorts) June 2, 2021

AMC is the new king of Meme stocks, w/a 3,000% gain this year as retail traders ignore the company’s financial troubles and continue to buy heavily shorted stocks. https://t.co/NtMeB5Q8s7 pic.twitter.com/8QOGk0ONxx

— Holger Zschaepitz (@Schuldensuehner) June 2, 2021

AMC $10 moves in seconds. Probably normal

— zerohedge (@zerohedge) June 2, 2021

If you invested $10,000 in AMC 2 seconds ago, you’d have $127,346,650 right now.

— Douglas A. Boneparth (@dougboneparth) June 2, 2021

https://twitter.com/NorthmanTrader/status/1400143975315607553

AMC is a microcosm of the U.S. economy. Despite terrible fundamentals buyers ignore the reality of what the company is and instead focus on what it once was or what they fantasize it may become. The U.S. dollar is a meme currency. It won't end well for #AMC or dollar bagholders.

— Peter Schiff (@PeterSchiff) June 2, 2021

Top pic.twitter.com/xtdPggNoag

— Ramp Capital (@RampCapitalLLC) June 2, 2021

"…next to language, money is the most important medium through which a modern society communicates. What happens when this medium does not function properly anymore, when it loses its trustworthiness & ultimately wreaks havoc?"

– Bernd Widdig

cc @federalreserve pic.twitter.com/6e94ygQCGh

— Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) June 2, 2021

AMC is the most traded stock in the US by a factor of 3x pic.twitter.com/u3wxXPQZ2f

— zerohedge (@zerohedge) June 2, 2021

BlackRock CEO Larry Fink said that investors may be underestimating the potential for a spike in inflation. Sees potential for ‘big shock’ from #inflation. Investors today not used to prolonged inflation, Fink says. https://t.co/Qk0uYYAWhu pic.twitter.com/aMjvfcgM93

— Holger Zschaepitz (@Schuldensuehner) June 2, 2021

$AMC : +98.94%
Personal Productivity: -9.894%

😉

— Reminiscences of an American Capitalist (@4Awesometweet) June 2, 2021