8 Days
Source:
المشهد العربي
ECB warns of market correction
The Vice President of the European Central Bank warned of a sharp correction in the financial markets, pointing out that stocks are reaching unjustified highs amidst escalating geopolitical tensions, financial crises, and inflated valuations. He emphasized that the market value of assets is exaggerated and that international tensions pose a significant concern, especially regarding the conditions and stability of non-bank financial institutions. He explained that the duration of the conflict in the Middle East could potentially increase threats to the market if the unrest persists for an extended period.
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