IMF said rebound in global equity prices since US president Donald Trump’s April tariff announcement had outpaced expected future earnings.
Market valuations have “become stretched”, increasing the probably of a “disorderly correction”, the International Monetary Fund (IMF) has warned.
In its latest Global Financial Stability update, published alongside its half-year report on the global economy, the Washington-based fund highlights the concentration risk within the US’s S&P 500 index from the so-called
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