This is stunning.
Personal savings rate April 2025: 5.5%
Personal savings rate April 2026: 2.6%
That's a sharp plunge.
It underscores how squeezed Americans are right now with higher prices and incomes not keeping up.
Maybe you can explain some of this away by Baby Boomers retiring, but not all of it.
$GME isn’t buying eBay.
@ryancohen is doing what he always does.
The media is framing GameStop’s eBay bid as an acquisition.
It’s not.
Ryan Cohen is running a textbook activist investor playbook and the same one he used on GameStop itself.
Let me break it down. 🧵