Money talk

Financial markets have rallied significantly from mid-February to mid-March, supported by several events including, but not limited to, the G20 summit, the Chinese National People’s Congress meeting, the expansion of the European Central Bank’s (ECB) quantitative easing and the Federal Open Market Committee’s March session being more dovish than expected.  So what’s next for global financial markets? Short-to-medium term, it now seems that we are due a slowdown in the markets, given that they have already rallied from the year’s lows. “In a context where it is difficult to imagine that there is much left in central banks’ tool box, especially the ECB, that now pushes for fiscal measures, we believe that a correction is likely as investors will focus on fundamentals,” explains Christophe Barraud, chief economist and strategist at Market Securities, who, according to Bloomberg, ranks as top forecaster of the United States and Eurozone economy in 2015. Highs