Financial markets ‘schizophrenic’ as stocks hit record highs

Sky News Business Editor Ross Greenwood says financial markets are “schizophrenic” at the moment. “With every new inflation number, employment statistic or economic growth projection; equity, bond and currency markets, they boil and bubble,” Mr Greenwood said. “Take Dan Kemp, the global Chief Investment Officer for Morningstar's Investment Management Group. “In recent weeks, his research headlines, they read: stocks are starting to look cheap again – that was April and in hindsight – he was right.”