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The Independent UK
The Independent UK
Business
Karl Matchett

Bank of England expert predicts global stock market fall and questions ‘are we prepared?’

Stock Market Sarah Breeden Bank of England FTSE United Kingdom

The Bank of England’s (BoE) deputy governor has warned of a fall in global stock markets, saying near-record valuations are unsustainable.

Both the UK and US stock markets are sitting near all-time highs due to investors continuing to bet on big future earnings, but Sarah Breeden said the bank expects an “adjustment at some point”.

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