Market manias could end in tears

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The fevered trading of the last week shows all the markings of a market mania that historically ends in big losses for small traders, sharp pull-backs by big investors and regulatory investigation

— Our Tyler Pager, Anita Kumar, and Laura Barrón-López: “Biden was eager to meet with Republican senators Monday to discuss Covid relief legislation. But the show of bipartisanship is likely to be just that — a show.

“The iShares Silver Trust ETF, the largest silver-backed ETF, jumped as silver broke above $30 an ounce for the first time since 2013, with retail traders jumping into the metal after betting billions of dollars on stocks last week.

From Charlotte to Los Angeles to Milwaukee, they bring us into their neighborhoods and communities to help us better understand how we can make a difference.

 

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