Bank Of England Warns Of Looming Global Stock Market Correction Despite Wartime Rally

Fuente: International Business Times

The S&P 500 has hit fresh records amid the war. Global stock markets may be heading toward a correction even as they trade near record highs, a senior Bank of England official warned. Sarah Breeden, deputy governor for financial stability at the Bank of England, warned that global equities appear overstretched and vulnerable to a downturn, noting that markets are not adequately pricing in macroeconomic threats, CNBC reported.