In this clip from today’s The Macro Show, Hedgeye CEO Keith McCullough responds to a subscriber’s question regarding how /r/WallStreetBets can drastically impact stock prices and investing within the Cannabis sector.
“$AMC went straight up, then we handed off the Risk Range to the /r/WallStreetBets crowd, and it went straight up faster. That’s going on because there’s a sh*t ton of money out there and a sh*t ton of people,” explains McCullough, as he details the data behind personal savings and current consumption.
“Those are very technical terms, but in Rate of Change space, it’s a sh*t ton.”
