Buckle up because global markets are in for a bumpy ride in the days and months ahead

ABC | Oct 3, 2021 at 7:52 PM
  • For months, there have been warnings from major global investors that the nosebleed valuations on markets from New York to New Delhi could not be sustained.
  • It can all be distilled down into two key issues: Global growth is slowing while inflation is being fanned by shortages of almost everything.
  • In this situation, however, with growth slowing as the Delta variant continues to wreak havoc, pulling back on stimulus could see economies tank.