Liam Halligan

The end of the party

The era of easy money is over. That’s no bad thing

issue 10 February 2018

Since the crash ten years ago, stock markets the world over have been steadily recovering. The Dow Jones, a bellwether index, has enjoyed double-digit growth in five of the past ten years and soared by 25 per cent last year — credit for which, inevitably, has been claimed by Donald Trump.

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