Wall Street is eyeing a strong start to the week, with mega-cap tech stocks and the resumption of the meme rally likely providing the thrust the market needs to break out of the lackluster phase seen in late May. The meme stock rally set in motion by Roaring Kitty’s disclosure of a huge GameStop Corp.
Summers was among the economists who warned the Biden administration of the risk of rising inflation when it approved a massive COVID-19 relief package in 2021.