Sky News enterprise Editor Ross Greenwood says financial markets are “schizophrenic” at the moment.
“With every new inflation number, employment statistic or economic expansion projection; equity, bond and currency markets, they boil and bubble,” Mr Greenwood said.
“Take Dan Kemp, the global Chief funding Officer for Morningstar’s funding Management Group.
“In recent weeks, his research headlines, they read: shares are starting to look cheap again – that was April and in hindsight – he was right.”
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