As per [this CNBC article ](https://www.cnbc.com/2020/05/21/many-americans-used-part-of-their-coronavirus-stimulus-check-to-trade-stocks.html) a significant part of stimulus checks went into the market. The article is from May referring to the first stimulus.
I think this should be bigger news with most Americans receiving $1,400 next week. Some people mention it is priced in but an inflow of some significant part of the stimulus checks ($400 billion) flowing into the market can’t be priced in. It isn’t news – it is actual money hitting the market.
“Trading stocks was among the most common uses for the government stimulus checks”
And with WSB now at close to 10 million subscribers from two(?) million last year – there are a lot more people watching this subreddit which primarily discusses GME.
So I’m long GME!