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Investing in the recovery

Coronavirus has made some dramatic changes to the investment landscape—many are here to stay

By Andy Davis  

Having now piqued the interest of mainstream institutions. Bitcoin is likely to become a common part of many investment portfolios © PULSAR IMAGENS / ALAMY STOCK PHOTO

It is a bewildering time for private investors. Financial markets are being wrenched this way and that by Covid’s earth-shaking impact. Central banks have pinned interest rates to the floor, enabling governments to cushion the economic damage by borrowing and spending as never before. In the US, especially, equity markets are surfing a tsunami of central bank stimulus and optimism about the world to come.

For people seeking a worthwhile income from their investments, low-risk options are thin on the ground. Speculators, meanwhile, are in clover. 

Anyone who had a few pounds in Bitcoin a year ago…

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