The end of cheap money does not bode well for highly inflated asset prices. Photo: Reuters
David Brown
Opinion

Opinion

Macroscope by David Brown

Warning signs are telling us this is the right moment to exit risk markets

‘The exposure of highly indebted emerging markets to rising short- and long-term borrowing costs pose a multitude of risks to global financial stability’

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The end of cheap money does not bode well for highly inflated asset prices. Photo: Reuters
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