Speculative asset bubbles have been reported since Roman times. They doubtless go even further back, because they stem from an intrinsic flaw in human nature: we like to think that we are onto a winner - and when we are, we do not like to consider that things could go wrong.
Investors' current infatuation with digital currencies looks like a bubble to us. The best-known is Bitcoin, although there are now more than 1,000 in circulation, including Ethereum, Ripple and Dash. ...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday