lystn

Since January, U.S. financial markets have been on a tear, a wild ride that began as the Biden administration completed its first full week in power. Five months later, the benchmark Dow and the wider S&P indexes have reached record highs, while individual assets have behaved…well, exuberantly, most spectacularly in the sudden 1,200 percent rise and 40% drop in the price of Dogecoin, a cybercurrency initially launched as a joke.