How cheap money, low interest rates and FOMO are driving mania trading

  • Date: 21-Jun-2021
  • Source: The National
  • Sector:Economy
  • Country:Middle East
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How cheap money, low interest rates and FOMO are driving mania trading

A year of lockdowns has done strange things to investors around the world, who are now showing signs of going stir crazy.

Too many are being sucked into the sudden fads and frenzies gripping today's manic market, buying all sorts of weird investments in an attempt to make a fast buck, or to amuse themselves behind locked doors with nothing much else to do.

All too often, they are buying into complex financial instruments they don't understand, or are rotten investments by any sensible measure. Some are having fun, others can't stop themselves.