Edward Bonham Carter: Escaping Lehman's shadow

Crisis’s 10th anniversary

clock • 6 min read

Financial markets have staged a remarkable recovery since the fall of Lehman Brothers, writes Edward Bonham Carter, but the question of how best to end central bank support hangs heavy over all participants

A decade on from the collapse of Lehman Brothers on 15 September 2008, the unorthodox measures central banks took to dampen the fires of the global financial crisis have left a smouldering terrain that has cast a pall over the global economic recovery. Asset prices may have hit all-time highs but confidence remain fragile - fears the next global shock may be round the corner makes for skittish investors as we have seen with the currency crises in Turkey and Argentina. Unhappy anniversaries of the Lehman kind do little to soothe nerves, with the media likely to put as much focus on what r...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

'Discussion-worthy stuff': Chinese assets under pressure

'Discussion-worthy stuff': Chinese assets under pressure

China has an 18% share of global GDP and only a 3% MSCI ACWI weighting

Chris Justham
clock 02 April 2024 • 2 min read
Why investors 'can't outrun' slow-moving demographics

Why investors 'can't outrun' slow-moving demographics

'Demographic change is a key megatrend'

Darius McDermott
clock 07 March 2024 • 5 min read
Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

British ISA, Office for Budget Responsibility, tax cuts

Valeria Martinez
clock 07 March 2024 • 4 min read