Equity yields hail from cloud cuckoo land
Optimism about potential returns from all asset classes looks dangerously overdone, says John Plender
- The Last Word The end may be nigh but don’t bet on it
- The Last Word Pre-school lessons for the bankers
- The Last Word Is Japan about to come in from the cold?
- BlackRock buy bodes ill for others
Egyptian spring could be European storm
Desperate people can behave badly, warns John Dizard