ICYMI, Gina had the news posted overnight on analysis by the Bank for International Settlements (BIS)

• tech stocks valuations might be reaching an extreme height

Gina included a link to the BIS report.

One of the key risks noted is that services price inflation is likely to remain stubbornly strong this year and could cause central banks to delay interest rate cuts.

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I posted earlier on another reason to be careful of high equity prices:

• Deutsche Bank wary on US equities – this time is like the dot com bubble (sort of)

But, everyone else:

This article was written by Eamonn Sheridan at www.forexlive.com.


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