A year after crash, markets boom but bust fears loom

Paris (AFP) – A year ago, stock markets went into free-fall as the scale of the coronavirus crisis became apparent and countries desperately locked down to try to halt the pandemic. A year on, they have more than recouped the lost ground, some of them even driven to record highs by a tidal wave of cheap stimulus money and the hope that vaccination programmes will allow a return to normality sooner than anyone could have expected. But now analysts worry markets may have got too far ahead of themselves and face a sharp reverse if and when governments decide to dampen down the party. “In my opini…

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