Stock markets have stabilized a little after Tuesday's rout which saw risk assets pummelled across the board.
There appears to have been a tendency in recent months to front-run certain releases in the hope that it's going to prove to be the "pivot" moment when everything starts to look up, central banks can ease off the brake and risk assets will have bottomed. That certainly looks to have been the case over the last week as investors were lured into a false sense of security following the July
14-09-2022 08:03 GMT
by Craig Erlam