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The Perils Of Not Investing In Financial Literacy
Helping students become financially literate is more important than ever. getty In January 2021, GameStop’s stock surged 2000{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5}. In June, AMC rose 600{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5}. In November, Bitcoin reached an all-time high over $64,000. By December, it tumbled down. Nearly 30{9f99fe44fce1aa3c813d0a0ce4da2fbea8a5a58e9d85c4a2927dd8140cb676b5} of Americans had bought a viral meme stock in January, and the media quickly depicted a David versus Goliath showdown of Wall Street versus Main Street. We assigned blame and clamored for regulation. Citadel became public-enemy number one. Robinhood was fined $65 million by FINRA and months later, a record $70 million by the SEC. Amidst the headlines, we failed to examine this craze as a symptom of a broader problem.…
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The perils of market sentiment
  Creator: Scott Rouse, Options Writer February 1, 2023 In Fontainebleau the hammer fell at the Osenat auction residence in Oct 2022, denoting the finish of a bidding war that resulted in a Tianqiuping-design and style porcelain vase offering for a tiny above €9m. This would not have been controversial, apart from that the expert had valued it at €1,500–€2,000 and so it experienced realized roughly 4,000 moments its estimate. The outcomes of what auction home president, Jean-Pierre Osenat, named “a serious mistake” by the pro resulted in their work becoming promptly terminated. At first look, this would seem a very little severe specified that there is scant evidence to…
/cloudfront-us-east-2.images.arcpublishing.com/reuters/ZCBLZFTVOBJ5VO6T54IKZBEFYI.jpg "Banking stability worries go behind closed doors at IMF-World Bank meetings")