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AI, Bitcoin rocked markets in 2024, but bonds frustrate

thestreet.com
submitted
5 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
5 mos ago
Can't wait for the rug pull on Bitcoin
1
boredgamer
5 mos ago
Bonds are generally hedges people