BUSINESSSCMP CHINA
Ex-World Bank official warns of need to diversify away from US markets: people will suffer
An ex-World Bank official warns that a valuation correction in highly concentrated US equities could harm savers, urging global market diversification. Ian Goldin, now a professor at Oxford University, made the statement during an event in Hong Kong.
Mentioned
Related Signal
Adjacent reporting
- Ex-World Bank official warns of need to diversify away from US markets: people will suffer
- Bond Bulls Look to Warsh for Next Leg of Rally
- Will diversification restore Hong Kong’s IPO title? Think tank maps out plan
- For a yuan in deeper markets, ex-Fed’s Evans cites dollar playbook amid risks, criticism
- Will diversification restore Hong Kong’s IPO title? Think tank maps out plan
- ECB’s Panetta Says Current Wars May Reverse Years of Development