Central bank liquidity has helped propel equities and real estate prices globally. United States’ home sales rose in March at the fastest pace in eight months. Photo: AP
David Brown
Opinion

Opinion

Macroscope by David Brown

Opinion: Be afraid... markets from stocks to real estate are set for an ‘almighty reality check’

‘For years, investors have been living in a dream world, artificially created by the central banks. But this alternative reality will eventually come to an end – possibly as early as this year’

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Central bank liquidity has helped propel equities and real estate prices globally. United States’ home sales rose in March at the fastest pace in eight months. Photo: AP
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