The Charging Bull statue near the New York Stock Exchange. The bull run has taken on death-defying qualities. Photo: Kyodo The Charging Bull statue near the New York Stock Exchange. The bull run has taken on death-defying qualities. Photo: Kyodo
The Charging Bull statue near the New York Stock Exchange. The bull run has taken on death-defying qualities. Photo: Kyodo
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Stock markets cannot be the only sun at the centre of the economic universe

  • Central banks have been complicit in keeping stock markets revved up and feeding asset bubbles, but with monetary policy near exhausted, fiscal stimulus will have to take over. Expect an end to the bull run

The Charging Bull statue near the New York Stock Exchange. The bull run has taken on death-defying qualities. Photo: Kyodo The Charging Bull statue near the New York Stock Exchange. The bull run has taken on death-defying qualities. Photo: Kyodo
The Charging Bull statue near the New York Stock Exchange. The bull run has taken on death-defying qualities. Photo: Kyodo
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Anthony Rowley

Anthony Rowley

Anthony Rowley is a veteran journalist specialising in Asian economic and financial affairs. He was formerly Business Editor and International Finance Editor of the Hong Kong-based Far Eastern Economic Review and worked earlier on The Times newspaper in London