Charlie Turner
speaker
4,985 appearances
165 recordings
1 series
first heard Jul 2017
last heard Aug 2021
Charlie Turner’s voice in public audio — every appearance, attributed to the second.
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Appearances
A lot of the frenzy is being driven by day traders who've piled into the stocks, and their behavior is leading a lot of observers to call it a bubble.
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We'll talk about what's driving this behavior with our Streetwise columnist, James McIntosh, after the break.
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The stock markets are transfixed by the video game retailer GameStop.
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Until recently, the company was widely regarded as an also-ran.
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But since the start of the year, it's gone up by more than 900% as of Thursday.
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Many are saying it's caught up in a huge stock bubble.
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James, thanks for joining us.
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Hi, Charles.
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James, can you bring us up to speed?
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We know online traders have been pushing up the value of stocks like GameStop and AMC.
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Why?
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What did they see in these companies?
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Can you explain those technical factors a bit more?
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Short sellers were betting GameStop's price would go down.
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So how does that contribute to the big jump we've seen?
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More generally, James, a lot of people are watching these prices skyrocket and calling it a bubble.
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Do you think that's the case?
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And what constitutes a stock bubble as we generally think of it?
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What about the fear of missing out factor here?
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It's got to be hard for your everyday investor to watch prices go up so much and to not be a part of it.
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Showing 641–660 of 4,985 · page 33 of 250
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