#speculative mania

[newsbunddle]

Tumultuous 2020 rewards investors who stared down turmoil

Tumultuous 2020 rewards investors who stared down turmoil

By Gregor Stuart Hunter The bell has just tolled on one of the wildest years in Wall Street history, full of precipitous plunges, improbable rebounds and human tragedy. The S&P 500 ended it on an up beat, with a 1.4% gain in the holiday-shortened week. That pushed its 2020 gain to 16%, a ending that would’ve seemed far-fetched in the bear-market days of March. Investors needed nerves of steel…

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[goldsilverreports]

Bitcoin Fascination Feels Like ‘Speculative Mania,’ RBA Says

Gold Silver Reports – Australia’s central bank chief made a scathing assessment of Bitcoin, saying the cryptocurrency that’s soared above $17,000 is more likely to appeal to criminals than consumers.

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