Andrew Bell Bit Quotations

Markets are more confident that the central banks and G7 governments are determined to underwrite a recovery for next year. As the shockwaves of last month's events subside markets are backing that with a bit more confidence.

Bond markets seem to have decided that perhaps there is a bit too much growth, not so much that they're fearful of a big break up in inflation ... but that central banks are going to keep chipping away at the foundations of cheap money.