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AI, Bitcoin rocked markets in 2024, but bonds frustrate

thestreet.com
submitted
10 mos ago
bygetthatmoneyyotofinance

Summary

If you're an investor, you had to enjoy 2024 immensely. Prices were rising until the Federal Reserve started to cut interest rates. Then, suddenly, long-term rates went UP.

Some stocks were just plain creamed. Super Micro Computer (SMCI) is off nearly 90% after RISING 255% in the first quarter.

The U.S. government debt is equal to 251% of the nation's GDP. The 10-year Treasury yield fell to as low as 3.62% in September.

The national average price of gasoline was $3.025 a gallon on Sunday. The S&P 500's energy sector is the second-weakest this year.

Bitcoin is down 12.4% in 12 days. You can invest in Bitcoin via any of a host of exchange-traded funds. Several companies working on quantum computing have come public.

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2 Comments

1
splitsecond
10 mos ago
Can't wait for the rug pull on Bitcoin
1
boredgamer
10 mos ago
Bonds are generally hedges people