Something peculiar has been happening in financial markets. Despite the worst pandemic in a century, stock markets have been booming. Why?
23 July 2021
08:00 ET | 13:00 GMT
The prices of technology stocks have soared. There has also been a boom in SPACs or blank check companies. Cryptocurrencies such as Bitcoin have also soared in value and fluctuated on the pronouncements of Elon Musk. Even Dogecoin, a cryptocurrency founded as a joke, has enjoyed an impressive hike in value over the past year. The latest phase of the boom has witnessed a craze for non-fungible tokens (NFTs) and digital assets such as Jack Dorsey’s first tweet. What is going on? Why is this happening? Have people gone mad?
Are we living through a bubble?
We would like to thank the William J. Clinton Leadership Institute, Queen's Management School Belfast, for hosting this Long Run Institute (LRI) briefing.
- Sonia Baxendale, CEO, The Global Risk Institute, Toronto
- Jamie Catherwood, O'Shaughnessy Asset Management, Stamford, Connecticut
- Will Quinn, Queen’s University Belfast, author of Boom and Bust: A Global History of Financial Bubbles
- Rebecca Stuart, Central Bank of Ireland
- John Turner, Head of Queen’s Management School Belfast and Co-Founder/Director, Long Run Institute (Moderator)
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