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The 11 wild trades of 2024: Booms, busts and a 2900pc windfall

The 11 wild trades of 2024: Booms, busts and a 2900pc windfall

As the trading year draws to a close, here are the biggest ups and downs, as told by reporters from all corners of world markets.

It was Donald Trump’s victory in November that truly turbocharged the market, sparking a record-breaking rally. Bloomberg

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The speculative retail frenzy, the relentless disruption of artificial intelligence, the out-of-this-world crypto rally.

In a year full of shocks and surprises, global markets offered investors opportunities to flourish – or flop – in equal measure. Leveraged trades in August briefly blew up. Wall Street’s big gamble on Donald Trump paid off. Hedge funds with complex strategies took hits. Investors who kept it simple — in cash or tech stocks — proved smart.

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Original URL: https://www.afr.com/wealth/investing/the-11-wild-trades-of-2024-booms-busts-and-a-2-900pc-windfall-20241223-p5l0b0