Analysts say ‘greed is good’ is back, as euphoria emerges in global financial markets
Analysts say global financial markets are entering a euphoric but potentially dangerous speculative phase.
Such phases are typically characterised by investor mania for so-called meme stocks, made popular on the share market by social media posts.
But investors are also chasing after cryptocurrencies, gold and small-cap stocks, or stocks with relatively low prices.
Adelaide woman Lisa, who only wants to use her first name for privacy reasons, buys so-called penny stocks in small companies trading on the share market.
She trades stocks in the resources, information technology and pharmaceuticals sectors.
Lisa began investing in 2001 with just $500. (Supplied)
“They interest me because they sometimes have a better opportunity for growth, in…
