Expect "schizophrenic" markets warns Jupiter's Bonham Carter

Bonham Carter expects 2009 to prove far tougher for the global economy than last year and believes the UK recession could potentially last well into 2010. He says the Government will be forced to print money to help lessen the length of the negative period. "It is starting to feel like we are pushing on a string," Bonham Carter says. "No matter what policy makers in the UK and elsewhere do - whether it is bailing out the banking system, announcing infrastructure packages or reducing interest rates to historic lows - the impact on economies seems limited." With disinflationary and defl...