Finally Stick cautioned on global markets.
“Since the global financial crisis markets have been on a tear, [and] it seems it doesn’t matter what the economy throws at it, they continue to go up.
“News doesn’t seem to matter to markets…[they] tend to be driven by monetary and fiscal stimulus...what does worry me is that at some point in time people will realise markets have got ahead of wider global economic news.”
sally.hickey@ft.com
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