5 ways to hedge against an inflation spike, plus what it’s like to work for Cathie Wood

5 ways to hedge against an inflation spike, plus what it’s like to work for Cathie Wood

Hello and welcome to Insider Investing. I'm Joe Ciolli, and I'm here to guide you through what's been happening in markets, as well as what to expect in the coming weeks. Here's what's on the docket:

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Your weekly recap/outlook

This past week was a total throwback. GameStop traders ran rampant. The US stimulus outlook caused significant market gyrations. It felt like the last week January all over again.

GameStop surged 104% in the final 30 minutes of trading on Wednesday and extended those gains to 311% at Thursday intraday highs. The spike was enough to cost short-sellers “” apparently gluttons for punishment “” another $1.9 billion in mark-to-market losses. The rally petered out on Friday, but it was refreshing for everyone's favorite brick-and-mortar game retailer to get another couple days in the sun.

Strangely enough, the latest GameStop frenzy was largely overshadowed by a bond-market tantrum that saw 10-year Treasury yields climb to a more than one-year high. The culprit was renewed inflation fears stemming from President Biden's proposed