The Trader 

Market Outlook: Debt accumulation warning from World Bank

The Trader

This week the Washington-based World Bank published its bi—annual Global Economic Prospects report, writes CNBC today. They point out that over the last 50 years the world has seen 4 waves of debt accumulation and that the latest one, which started in 2010 was ‘’the largest, fastest and most broad-based increase’’ where historically low interest rates may not limit the chance of financial meltdown. Director of the group Ayhan Kose noted: ‘’The history of past waves of debt accumulation shows that these waves tend to have unhappy ending. In a fragile global environment, policy improvements are critical to minimize the risks associated with the current debt wave.’’ 

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