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Monday, January 29, 2024

The Circus Leaves City – The Reformed Dealer

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I’ve some quotes within the Los Angeles Instances this morning concerning the present state of fad and meme-related “investing”. Michael Hiltzik’s new column takes a have a look at what occurs when the leisure merchants get bored with shedding cash and recede from the three ring circus…

The finance world, which is consistently looking out for guidelines and legal guidelines it will possibly break within the curiosity of constructing more cash, could have come up in opposition to the one legislation that may’t be damaged: the legislation of gravity.

Over the previous couple of weeks and months, virtually each monetary asset has come hurtling again to Earth after high-altitude flights.

Learn it right here:

Column: Bitcoin, NFTs, SPACs, meme shares — all these pandemic funding darlings are crashing (LA Instances)

Learn additionally:

Because of this you don’t run off and be part of the circus (TRB)

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