Central Bank Analysts Say Stocks Are In ‘Euphoric’ Territory And We’re Screwed When The Recession Hits

The Bank for International Settlements — the Swiss-based financial institution that acts as a counterparty to national central banks — has declared that stock markets are in a “euphoric” state and has urged central banks globally to begin tightening interest-rate policies now while economies are…

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Central Bank Analysts Say Stocks Are In ‘Euphoric’ Territory And We’re Screwed When The Recession Hits