Easy ride for markets is over

Many commentators had been warning recently that stock markets looked to be heading for more turbulent times given stretched valuations, a prolonged period of uninterrupted gains, very low volatility and signs of a return of “irrational exuberance” in certain instances.

Easy ride for markets is over

By Oliver Mangan

Many commentators had been warning recently that stock markets looked to be heading for more turbulent times given stretched valuations, a prolonged period of uninterrupted gains, very low volatility and signs of a return of “irrational exuberance” in certain instances.

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