Calculating crypto - 6 stocks for the next 10-15 years - 10 top forecasts for 2021
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Joe Ciolli
Jan 18, 2021, 03:52 IST
Reuters / Brendan McDermid
Dear Readers,
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Has the stock market gotten too predictable for you? Indexes have hovered near record highs for months, and it's been the usual suspects driving moves: stimulus updates, economic-growth prospects, regulation and tax concerns, and maybe a dash of company earnings here and there.
Those looking for a little more excitement would be well-advised to look towards cryptocurrencies, which are constantly rewriting the record book amid unprecedented volatility.
Bitcoin in particular has been on a wild ride, with prices fluctuating by up to $5,000 per unit on any given day. New record highs are followed the next day by record drops. It's a chaotic scene not for the faint of heart.
For more, see below Insider's best Investing stories of the week, which include a wide array of additional recommendations, strategies, and tips for navigating uncertainty.
The majority of Wall Street's biggest firms remain bullish after a wild year that saw stocks plunge into the fastest bear market in March only to rebound to record highs and end 2020 with a 16% gain.
Despite their optimism, many strategists caution about risk factors that could derail the economic recovery and reopening, which is expected to support the next leg of the bull market.
Join Insider on Wednesday, January 20 at 1 p.m. ET for a panel on how to invest in real estate in the coming year, featuring R. Donahue Peebles, founder, chairman and CEO of the Peebles Corporation, and Daryl Fairweather, Redfin's chief economist.
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