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Meme madness, 68 new highs: Superlatives abound in 26% S&P rally this year

December 27, 2021 1:32 PM

HONG KONG (BLOOMBERG) – Superlatives followed one after another in 2021’s wild ride for U.S. stock investors. The most all-time highs in 26 years. Triple-digit rallies in some small caps thanks to retail-trader frenzies. A US$1 trillion (S$1.36 trillion) rout after China cracked down on some of its biggest companies.

Source : https://www.straitstimes.com/business/companies-markets/meme-madness-68-new-highs-superlatives-abound-in-26-sp-rally-this-year

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