Why the Fed won’t touch the GameStop frenzy ...Middle East

GameStop hasn’t crashed out yet.Not only is the Reddit-inspired short squeeze on the video game retailer’s stock still in play—it’s spreading. By Friday’s market close, trading app Robinhood had expanded its restrictions on trading GameStop to 50 other companies. As of Monday morning, the Reddit crowd’s latest tack was to jack up the price of silver.Dramatic swings in GameStop and other stocks targeted by amateur investors suggest that the volatility of the past week, when GameStop’s stock rose 323%, could cascade across the market. That dovetails with other signs of excessive market risk-taking, stoked in part by the Federal Reserve’s easy monetary policy. The S&P 500 has risen 66% since Ma

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