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Global stock markets are too high and set to fall, says Bank of England deputy

Sarah Breeden said rising private credit losses and untested shadow banking could trigger a sharp adjustment in markets, which she called complacent.

  • Bank of England Deputy Governor Sarah Breeden warned that global stock markets may decline.
  • She said asset prices are at record highs despite significant economic risks, suggesting markets are overly optimistic.
  • While not predicting timing, she indicated an eventual market correction is likely due to underestimated risks.
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Bias Distribution

  • 67% of the sources are Center
67% Center

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BBC News broke the news in United Kingdom on Thursday, April 23, 2026.
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