The Trader 

Market Outlook: Bi-annual Financial Stability Review

The Trader

Yesterday in an interview with CNBC Victor Constancio, vice president of the EU’s central bank, "we see that some markets are overstretched or at least with indicators that are away above the historical averages.  Certainly, the cyclically-adjusted price (to) earnings ratio in the U.S. is well-above historical averages.  At the same time, we can see that volatility both in the equity and the bond market is very low, which experiences shows in those situations some events may trigger a sudden revision of expectations by investors".  

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now