Illustration: Glenn Harvey
The 11 Wild Trades of 2024: Booms, Busts and a 2,900% Windfall
Here are the highs and lows of the year in markets, from triumphant Trump trades and a windfall in Argentina to busted hedge-fund bets.
The speculative retail frenzy, the relentless AI disruption, 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.