Monday 12 August 2024

Return of meme stocks signals new market surprise

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Return of meme stocks signals new market surprise


As you might have heard, the "meme stock" influencer known as "Roaring Kitty" was poised to become a billionaire when GameStop shares soared recently.

Although his dreams came crashing down after the SEC sued him for fraud...

The return of the "meme stock" craze is just ONE of many ticking time bombs in the U.S. markets.

That's according to former hedge fund manager Whitney Tilson, who called the dot-com crash in 2000... and the 2021 GameStop crash TWO days before it happened.

Now, he's warning:

"When the stock market turns reckless speculators like 'Roaring Kitty' into multi-millionaires, it's a clear sign that we're on the cusp of a historic stock event that could catch 99% of investors off-guard."

It could send hundreds of stocks shooting up anywhere from 100%... to 1,000% in a small window of time...

Or wipe out the portfolios of investors who have no idea what's coming.

Is Whitney predicting a crash, a recession, or another market rally?

His answer may surprise you.

Regards,

Kelly Brown
Senior Researcher, Stansberry Research

P.S. Whitney's latest take on the stock markets is unlike anything you'll ever see on the mainstream news. That's why he's teamed up with the largest independent financial publisher in the world to bring this to the public without influence from outside advertisers or politics.

You can view this interview for free here, and learn his recommended steps to take immediate action now to preserve and grow your wealth in 2024.

 

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