A trader on the floor of the the New York Stock Exchange on January 27, 2020. Global market capitalisation now exceeds global GDP. Photo: AP
A trader on the floor of the the New York Stock Exchange on January 27, 2020. Global market capitalisation now exceeds global GDP. Photo: AP
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Investors need to come back down to earth before the stock market bubbles over

  • Given the risk that vaccines may not roll out fast enough to sustain economic recovery and prevent a fiscal crisis, a stock bubble burst now could be disastrous

A trader on the floor of the the New York Stock Exchange on January 27, 2020. Global market capitalisation now exceeds global GDP. Photo: AP
A trader on the floor of the the New York Stock Exchange on January 27, 2020. Global market capitalisation now exceeds global GDP. Photo: AP
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