Ignorant investors pumping cash into meme stocks like GameStop? This won’t end well
Nouriel Roubini
Cryptocurrency hit record $34,000 on Sunday as dizzying rally continues
Markets now at all-time highs with further gains expected in 2021
Bitcoin likely to see further falls; oil is on the verge of hitting a 52-week low
Notion that past gains were inevitable and future is murky is bedevilled by hindsight bias
Interestingly, long-term investors in Ireland have not fared badly over the last decade
Investors say recent weakness in crypto is like going shopping for bargains in the Christmas sales; others warn that investing is an ‘extreme and unnecessary risk’
Having time to spare makes you feel in control – and comes with moral high ground
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