Analysis: Retail traders splurge on risky plays, fueling bounce

NEW YORK, March 31 (Reuters) – Freshly emboldened retail investors have continued piling into risky assets, supporting a bounce that has buoyed everything from so-called meme stocks to cryptocurrencies despite economic worries and geopolitical uncertainty.

Weeks-long rallies in some of the market’s most speculative names have far outpaced a broader rebound in the S&P 500 (.SPX), despite a selloff on Wednesday that saw the benchmark index shed 0.6% and declines in many of the more comparatively risky assets that have rallied in recent weeks.