This article is the first in the FT’s Runaway Markets series.
Screaming stock rallies and wild speculation by have-a-go amateur investors are stirring concerns among market veterans over a bubble to rival anything seen in the past century.
After a dramatic rebound from the coronavirus crash last March, benchmark equity indices have toppled a series of record highs in the early days of 2021. Bitcoin, the most speculative bet of them all, has raced to new extremes. Popular stocks like Tesla continue to defy efforts at sober valuation.
您已閱讀10%（537字），剩余90%（4982字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。