Animal spirits in markets risk running too far
https://www.ft.com/content/4d3eed1b-22aa-437f-8337-460f00e35363US stocks at most expensive relative to bonds since dotcom era
https://www.ft.com/content/f8b6dbb5-eb9b-4639-b72a-e7c9b2925bb3
https://www.ft.com/content/f8b6dbb5-eb9b-4639-b72a-e7c9b2925bb3
My investment plan as Trump moves fast and breaks things
Tom Stevenson, an investment director at Fidelity International, notes:
Humans run in packs and the temptation is to stick with what’s popular even as the investment case for doing so is fading. Rebalancing is a simple, mechanistic way of introducing discipline into our portfolios. We all invest better when guided by rules, not gut instinct.
Financial Advice on Social Media Is Growing. And Risky.
https://www.nytimes.com/2025/01/25/business/financial-advice-social-media-influencers.html
Everyday investors are turning to financial influencers, or ‘fin-fluencers,’ to learn how to manage their finances, but experts say rooting out misinformation is challenging.
https://www.nytimes.com/2025/01/25/business/financial-advice-social-media-influencers.html
Everyday investors are turning to financial influencers, or ‘fin-fluencers,’ to learn how to manage their finances, but experts say rooting out misinformation is challenging.
Crypto is celebrating but Trump’s boosterism could end badly
https://www.ft.com/content/8d302c79-8912-4f8e-bb1a-eea77ea0d99e
Cornell Economist Eswar Prasad:
The mainstreaming of crypto and the benign attitude of regulators will also spur closer connections between the industry and traditional financial institutions such as commercial banks and investment management firms. These connections will expose the conventional financial system to risk spillovers.
Trump’s Crypto Venture Divides the Industry He Aims to Support
https://www.nytimes.com/2025/01/25/us/politics/trumps-crypto-venture-divides-the-industry-he-aims-to-support.html
President Trump’s promotion of a speculative digital coin left some investors feeling blindsided, while others saw it as undermining the industry’s credibility.
https://www.nytimes.com/2025/01/25/us/politics/trumps-crypto-venture-divides-the-industry-he-aims-to-support.html
President Trump’s promotion of a speculative digital coin left some investors feeling blindsided, while others saw it as undermining the industry’s credibility.
America Has Fallen in Love with Long-Shot Sports Bets
https://www.wsj.com/business/what-are-parlays-sports-betting-gambling-881bdaee
Parlays, the tough-to-win multipart wagers with tantalizing payouts, are bringing in casual and newbie gamblers, and betting companies are making a killing.
https://www.wsj.com/business/what-are-parlays-sports-betting-gambling-881bdaee
Parlays, the tough-to-win multipart wagers with tantalizing payouts, are bringing in casual and newbie gamblers, and betting companies are making a killing.