The Blue Wave reset asset performance, Chairman Powell prioritized maximum employment over price stability, and Treasury Secretary Yellen declared economic policy a potent tool to “address inequality, racism, and climate change.” Despite viral mutations and slow rollouts, the markets heard these messages loud and clear. With excess liquidity, fiscal stimulus, and technology spawning SPACs, greater margin debt, outsized option trading, and flash-mob short-squeezes, GameStop signals Game Onfor liquidity risks and volatility.