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The rise of impatience

Investors Chronicle, 2023-03, p.62

Copyright The Financial Times Limited Mar 10, 2023 ;ISSN: 0261-3115

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  • Title:
    The rise of impatience
  • Author: AN
  • Subjects: Stock exchanges
  • Is Part Of: Investors Chronicle, 2023-03, p.62
  • Description: [...]after equities bottom in March 2020, there follows a 20-month sprint on a 31 per cent annual return gradient. Recently, average daily trading volume in options that allow traders to bet on one-day price moves in the S&P 500 index hit a record $1tn. The problem lies in how this cocktail of recent market memory and get-rich-quick products end up reducing investing to a myopic sport in which timing is everything, and a narrative that implies perpetually moving in and out of the stock market is a sound strategy.
  • Publisher: London: The Financial Times Limited
  • Language: English
  • Identifier: ISSN: 0261-3115
  • Source: ProQuest Central
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