← The Big Story
What the heck just happened on Wall Street? artwork

What the heck just happened on Wall Street?

The Big Story
E20926:29
Play episode

Show notes

The investors came from Reddit. They came in droves. They bought GameStop stock and sent it soaring. They cost massive hedge funds hundreds of millions of dollars. They sent shockwaves through the markets. Now a full-fledged mania is underway, with several other stocks in play as well. How did all this happen? Is it a fluke? A new strategy that will change the game? Will the people who have the power on Wall Street take steps to shut it down? And what happens if and when these bubbles burst? GUEST: Mike Eppel, Sr. Business Editor, 680 News, CityNews We love feedback at The Big Story, as well as suggestions for future episodes. You can find us: Through email at hello@thebigstorypodcast.ca Or @thebigstory.bsky.social on Bluesky Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

More from this show

More
  1. Big Headlines: There could finally be an off-ramp to the Canada-U.S. trade war with Prime Minister Carney and President Trump saying a deal could be done soon

    Conservative Leader Pierre Poilievre is calling on the Federal Government to restore its promise to make life affordable for Canadians. One Canadian was killed in the high-speed tr…

    E210407:03
  2. Why repealing the Indian Act isn't so simple

    Manitoba Premier Wab Kinew called for the Indian Act to be abolished, which was met with echoes from Prime Minister Mark Carney who agreed that it should be scrapped. The act was p…

    E210324:25
  3. Weekend Listen: Will an interest rate hike derail our housing market?

    Few things are spookier than an interest rate hike. Enjoy this special feed drop of our sister show "In This Economy?!" The Bank of Canada opted to hike interest rates for the firs…

    E210117:29
  4. Big Headlines: Canada-EU summit continues in Montreal as Carney pushes to become an 'associate member' again and businesses want to scrap Daylight Saving Time

    Plus: Canada is still reviewing its F-35 purchase even after receiving its first two fighter jets. Federal ministers won't say much about environment and climate change Canada aban…

    E210207:57
  5. The Nine: Did Danielle Smith get her mandate?

    Now that Question 10 has been put to rest, what about the other 9? Albertans were asked a range of questions regarding the future of the economy, immigration system, and Canada's…

    E209821:13
  6. Big Headlines: EU drops 'associate member' title for Canada as summit begins in Montreal and no Canada-U.S. trade deal coming with American midterms next week

    Plus: Prime Minister Mark Carney says Canada is not yet in a position to reach a trade deal with the U.S., even with the congressional midterms just days away. Industry Minister Mé…

    E210006:53
Now Playing
The Big Story — What the heck just happened on Wall Street? | Podcast | Josplay Music