Reported about 2 hours ago
The Bank for International Settlements (BIS) cautions that recent market gains fail to reflect underlying threats, such as rising sovereign debt and global trade disruptions. The optimism among investors, driven by government spending and low borrowing costs, masks significant challenges in the real economy. BIS officials note that the current 'risk-on tone' could lead to market vulnerabilities, especially as fiscal concerns grow amid steepening yield curves in advanced economies.
Source: YAHOO