Coronavirus recovery: IMF sees ‘sizable’ selloff risks for stocks, housing market
Coronavirus recovery: IMF sees ‘sizable’ selloff risks for stocks, housing market
By Rich Miller and Jana Randow | Bloomberg
The International Monetary Fund warned of the risk of sudden and steep declines in global equity prices and home values as the Federal Reserve and other central banks withdraw the support they’ve provided during the pandemic.
Ultra-easy monetary policy has led to “pockets of market exuberance and rising financial leverage” that could unwind in disorderly…