Summers warns markets are at risk of a ‘spontaneous deflating’

December 15, 2021 10:03 AM

WASHINGTON (BLOOMBERG) – Former U.S. Treasury Secretary Lawrence Summers warned of the risk of a “spontaneous deflating of financial markets” that have been pumped up by retail buying and exuberant investors.

Source : http://www.straitstimes.com/business/economy/summers-warns-markets-are-at-risk-of-a-spontaneous-deflating