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The self-proclaimed “Apes” over at r/Superstonk, the main subreddit dedicated to discussions about GameStop stock, flooded the comments section on South Korean artist PSY’s 2012 superhit “Gangnum Style” on Tuesday. They were not there because they were PSY fans—although I’m sure some do like the song—they were because…

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Retail investors are reviving the meme-stock playbook of 2021 and ignoring the Fed.
Tech Insider

Happy Friday eve, team. Phil Rosen here. Did you catch yesterday's Fed minutes release? 

It looks like central bank officials unanimously agreed that the last rate hike of 25 basis points was the appropriate size, and that slowing down the pace would "better allow them to assess the economy's progress."

But several participants would have also backed a half-point hike, the minutes showed. 

That tells us we should be taking the Fed at its word: The inflation battle isn't over.