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. ...
Four potential outcomes
Industry members abseil down Broadgate Tower
Hired as portfolio manager in global equity income team
'Three cycles are colliding'
Partner Insight: Alex Wright explains how he has honed his value contrarian approach to investing in the Fidelity Special Situations Fund and why the potential to lose money is often lower than in traditional funds