Premier's White: Why markets are polarised rather than expensive

For the last ten years since the credit crunch, we have been living in a low growth, low inflation, low interest rate, low bond yield, low volatility world as economies recovered from the credit crunch. However, things have moved on and we are now in a world which looks more optimistic. Global growth is expected to be around 3.9% in 2018, there is more inflation around and interest rates and bond yields are on the rise in many places. This means we are now in a world where we can expect more volatility and the increased confidence may mean that the experiment in quantitative easing may s...