21.12.2017 • 13:00 GMT
A Few Clear Anecdotes Speculative Appetite is Driving Markets
John Kicklighter
• There is a difference between speculative and investor interests
• A mix of one over the other can dramatically shift the focus of the market from value to short-term opportunity
• Deviation between the Yen crosses and S&P 500 as well as the rise of Bitcoin outpacing liquid peers is good evidence of speculation
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