Demonization of Hedge Funds to Ramp Up
Here we go again
Politicians who printed unlimited money with wild abandon and reckless gambling main streeters will do what they do and avoid accepting any portion of the blame for a breakdown of systems with contributing behavior from all participants. Robinhoodis such bad optics but I really doubt they were influenced by hedge funds to do so and more likely that their custodians drove the change.
Both sides want a distraction from the impeachment debate which will fail making both establishment Dems and GOP look bad, they're gonna lop a sweet sweet green shoot in public approval by going after the evil investors.
Of course reasonable arguments could be made about why finance guys did contribute to this or not, but I don't expect a reasonably informed debate. This will become the bipartisan, uninformed bash fest. It's not the bashing that bothers me. It's the completely uninformed nature of it and the fact that it provides cover from ever having to consider how monetary and fiscal policy might have unintended effects.