|
|
Reddit day traders who ganged up on hedge funds to beat them at their own game – sending shares of money-losing GameStop and AMC soaring in the process – portray themselves as Davids to Wall Street’s Goliaths. The stock market is seen as a giant casino that the hedge funds have been gaming for years. Why can’t the little guys get a turn at the wheel?
This betrays a fundamental misunderstanding of the purpose of markets, explains Alexander Kurov, a professor of finance at West Virginia University. As GameStop and other stocks were soaring, they severed their relationship with the fundamental value of their companies. This threatens what capital markets are designed to do, with potentially disastrous consequences for the economy overall, he writes.
Today we’re launching The Conversation Weekly, a new podcast featuring some of the best academic research and analysis from around our global network.
The first episode explores why February is going to be such a busy month for Mars. Three different space missions – from the United Arab Emirates, China and the U.S. – are due to arrive at the red planet within a few weeks of one another. The show features Jim Bell, who is leading the team behind one of the cameras on board NASA’s Perseverance rover. There’s also an interview with Félix Krawatzek about a new
survey of public opinion in Belarus about the ongoing protests there, and their links with protests in Russia following the detention of opposition leader Alexei Navalny.
You can subscribe to The Conversation Weekly via Apple Podcasts, Spotify or listen wherever you usually get your podcasts.
Also today:
|
Bryan Keogh
Senior Editor, Economy + Business
|
|
|
Traders on the floor of the New York Stock Exchange in 1955.
AP Photo
Alexander Kurov, West Virginia University
Market prices are supposed to reflect a company's fundamental value. When they no longer do, bad things can happen.
|
Podcast
|
An artist’s illustration of the aeroshell containing NASA’s Perseverance rover guiding itself towards the surface of Mars.
NASA/JPL-Caltech
Gemma Ware, The Conversation; Daniel Merino, The Conversation
Plus what protesters in Belarus want to happen next. Episode 1 of The Conversation's new weekly podcast.
|
Science + Technology
|
-
Paulo Shakarian, Arizona State University
Sophisticated fake social media personas created by North Korean hackers offered to collaborate with cybersecurity researchers. Several US researchers fell for it.
-
Jim Bell, Arizona State University
NASA's Mars 2020 mission arrives at the red planet on Feb. 18. On the rocket is the Perseverance Rover. The rover's goal is to collect rock and soil samples to be brought back to Earth in the future.
|
|
Politics + Society
|
-
Sarah Burns, Rochester Institute of Technology
When presidents have tried to address pressing issues through executive action, members of Congress are quick to ask the courts to step in.
|
|
Education
|
-
Kathleen M. Alley, Mississippi State University; Mukoma Wa Ngugi, Cornell University; Wendy R. Williams, Arizona State University
The rise in the popularity of Amanda Gorman, the nation's first National Youth Poet Laureate, represents a prime opportunity for educators to use spoken word poetry in the classroom.
-
Amy Li, Florida International University; Denisa Gandara, Southern Methodist University
New research shines a light on which students are most likely to enroll in community college when they find out it is free.
|
|
Health
|
-
C. Michael White, University of Connecticut
A probable carcinogen known as NDMA can be created in a patient's drug or body even if there was no NDMA in the manufactured drug as it left the factory.
-
Xingru Chen, Dartmouth College; Feng Fu, Dartmouth College
Vaccine hesitancy will not go away fast. In fact, there are parallels in the physical world to how quickly or slowly an object returns to its normal state.
|
|
Environment + Energy
|
-
Theresa Crimmins, University of Arizona; Erin Posthumus, University of Arizona; Kathleen Prudic, University of Arizona
COVID-19 kept many scientists from doing field research in 2020, which means that important records will have data gaps. But volunteers are helping to plug some of those holes.
|
|
Trending on site
|
-
Leo Rodriguez, Grinnell College; Shanshan Rodriguez, Grinnell College
If you are a sci-fi junkie you've probably wondered what would happen if you were unlucky enough to fall into a black hole. How well you'd fare all depends on the type of black hole.
-
Gerard Magliocca, IUPUI
Section 3 of the 14th Amendment was first used against Confederate leaders after the Civil War to expel seditionist politicians. Now it could be used against Donald Trump.
-
Ana Maldonado-Contreras, University of Massachusetts Medical School
The microbes in your gut influence how your immune system reacts to bacteria and viruses. A severe immune reaction is deadly; a small one lets the virus win. The right balance may depend on your diet.
|
|
|
|
|
|
|
|
|
|
|
|
|