Using simple principles of supply and demand, producers like Nike and Adidas use sneakerhead culture to their advantage by limiting the availability and distribution of certain products and therefore ensuring that each release is highly anticipated by their customer base.
Before long, leaders in business and finance began to speak out about the issue of racial injustice and step up to figure out how they could be part of the push for positive change and greater equity.
‘Gamestonk’: How Reddit Fueled One of the Strangest Stock Rallies of the 21st Century and What It Means for the Future of Financial Markets
For many people, this situation has been much needed entertainment during the coronavirus pandemic and indeed, this is a ridiculous, hilarious story which at times feels like it really cannot be real and must be a big joke. However, the GameStop rally has triggered endless questions about the ethics and functioning of financial markets.
Investment professionals have realised that there is increasing demand from clients for the ability to make what Deutsche Bank Wealth Management calls “a statement of ambition for the world as it should be”.