Edward Bonham Carter: 2019 won't be to everyone's taste

The party is coming to an end. For 10 years, central banks fuelled the good times with a combination of low interest rates and quantitative easing to boost the global economy following the financial crisis of 2007/08. It was a period of unconventional monetary policy that lasted much longer than virtually all experts predicted, leaving global markets with a bigger hangover than anticipated. In the last five months, markets seem finally to have woken up to this new dawn of fading central bank support. Investors seem unsure how the global economy will fare in a higher interest rate environ...