Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York. Photograph: Lucas Jackson/Reuters

Market peaks are sometimes characterised by a burst of unsustainable euphoria – a blow-off top, to use a phrase often used in financial circles. We ma(...)

Traders on the floor of the New York Stock Exchange where ‘it could be another few years at least before occurrences of record new highs start to dry up’. File photograph: Getty

Stocks are hitting all-time highs and greed is taking hold, with fear of missing out on further gains now driving markets. That’s the key takeaway fro(...)

Diversification reduces risk of long-term disappointment, but avoiding short-term pain is another matter entirely. Photograph: iStock

Diversification is often referred to as the only free lunch in finance but it didn’t protect investors from a shellacking in 2018, with almost all maj(...)

After a near 10-year rally, is a bear market looming for US stocks? Photograph: iStock

The longest US bull market in history has been looking shaky recently. October was the worst month since November 2008 for the tech-heavy Nasdaq index(...)

Canada is to legalise medicinal cannabis next month. Photograph: Ralph Orlowski/Reuters

Like volatility? Then forget cryptocurrencies and get into cannabis stocks. Canada is to legalise medicinal cannabis next month, a move that has trigg(...)

A trader looks at his screen on the floor of the New York Stock Exchange. Photograph: REUTERS/Brendan McDermid

Pace of rate hikes key for stocks The most long-awaited interest rate hike in history will surely come next week, with the Federal Reserve expected to(...)

Wall Street traders wear 2013 new years party glasses: the four-day trading period between Christmas and the new year has seen average gains of 1.06 per cent since 1896 – 10 times that recorded by other four-day trading periods. photograph: allison joyce/getty images

November may be dreary, but seasonal market strategists always welcome its arrival, noting the bulk of market gains have accrued during the November-A(...)