Over the past few years, markets have been on a wild ride. The price of gold has soared to record highs. Bitcoin is trading above US$100,000 (about A$150,000), at levels that once seemed unthinkable.
Hype about artificial intelligence (AI) has put a rocket under tech stocks. US chip maker Nvidia is worth more than Australia’s entire stock market combined.
Obviously, this doesn’t tell us anything about where these investments are headed in the future. There are now even widespread concerns AI investment may be driving a bubble.
