It didn’t take long for the sceptics to voice their concerns as world leaders gathered in the Swiss ski resort of Davos, pictured, for the World Economic Forum. Photo: Xinhua
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Investors’ blindness to risk has pushed the asset-price bubble to alarming levels

While the rally is likely to persist for some time yet, investors have been warned – and by members of the Davos elite no less

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It didn’t take long for the sceptics to voice their concerns as world leaders gathered in the Swiss ski resort of Davos, pictured, for the World Economic Forum. Photo: Xinhua
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