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Luke Johnson's apocalyptic - but sensible - warning about stockmarket madness

By Tom Winnifrith | Sunday 26 November 2017


When asset classes reach new highs, whipped ever higher by froth, sentiment or easy money, folks always insist that "it will be different this time" and arrive at new convoluted ways of justifying absurd valuations. We are at that stage now warns the great Luke Johnson in today's Sunday Times. Of course he is right.

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