Markets and the heady spell of cheap money

Markets and the heady spell of cheap money

The world's stock markets are at an all-time high, but could anything shatter their optimism?

Last week saw global stock markets close at all-time highs, having smashed several records already this year. The MSCI world index, which tracks shares in 45 countries, hit a fourth consecutive record on Friday. Driven by stronger jobs data, the Dow Jones (see graph) finished above 17,000 and the broader S&P 500 index hit another record, while falling just shy of the psychologically important 2,000 mark. On the bond market, yields remain low.

Please Subscribe or Log in to continue reading

Subscribe Login

Independent journalism every day

With digital access you can read The Business Post whenever, wherever, and however you want.

  • Unlimited access to all sections of The Business Post on desktop, tablet and mobile.
  • Breaking news, comment and analysis from the best Business Post writers seven days a week.
  • Live blogs of major news events
  • Videos and podcasts from some of the industry's most respected journalists such as Tom Lyons, Susan Mitchell and Ian Guider
  • Access to The Business Post's extensive archive‚Äč

More from The Business Post