The Dow Jones Industrials ended Friday trade at 23,328.63, rising 165.6 points during the session. A trader wears a hat reading Dow 23,000 on the floor of the New York Stock Exchange on October 17. Photo: AFP
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Even central bankers are warning of a looming ‘Minsky moment’

‘The question now is whether other leading central bankers are willing to speak out more forcefully about these risks and, more importantly, unwind their ultra-loose monetary policies’

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The Dow Jones Industrials ended Friday trade at 23,328.63, rising 165.6 points during the session. A trader wears a hat reading Dow 23,000 on the floor of the New York Stock Exchange on October 17. Photo: AFP
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