Did the Pandemic Really Make Scores Drop?
Multiple stories blame COVID-19 on national math and reading scores dropping, but that's not quite accurate.
Stay updated with breaking news from Grantham Warns. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Multiple stories blame COVID-19 on national math and reading scores dropping, but that's not quite accurate.
(Bloomberg) -- Across Wall Street, signs of speculative excess are everywhere. Penny stocks surging. Cash pouring into trendy thematic bets. Risky debt paying less than ever. With unchecked animal spirits and historic valuations, what’s an investor to do?Keep buying, apparently.Exchange-traded U.S. equity funds took in $7 billion last week, led by strategies tracking the hottest themes from solar power to robotics. The S&P 500 rose 1.9% in its best week since November, while technology shares -- dubbed the world’s second-most crowded trade -- hit records again.It’s al...