Your Weekend Reading: GameStop Fallout Finger-Pointing Begins

The rebellion in the U.S. stock market has taken a breather. Now comes the finger-pointing. A battle for control of Reddit’s WallStreetBets page is brewing and hedge funders are stepping up security after facing death threats. But financial regulators contend the fiasco showed that markets were resilient. The Robinhood drama revealed the hidden costs in the zero-fee trading model, but retail traders have found they can’t easily ditch the app. As for the professional money, that’s still going long. While the dust settles, Bloomberg Opinion’s Matt Levine assesses who is actually winning the Great GameStop Game. One thing is for sure: It’s not GameStop, which suddenly finds itself in an $18 billion hole.

The U.S. hit another pandemic milestone, but this one may be cause for optimism. More Americans have been vaccinated than tested positive for the coronavirus. When will life return to normal around the world? In 7.4 years at today’s vaccination rates, Bloomberg’s new tracker shows. And finally, Bloomberg Businessweek examines how we should go about planning for the next pandemic.