Why there's suddenly a lot of volatility in global markets

Author
Newstalk ZB,
Publish Date
Thu, 9 Dec 2021, 8:47PM
(Photo / NewsPixNZ/NZ Herald)
(Photo / NewsPixNZ/NZ Herald)

Why there's suddenly a lot of volatility in global markets

Author
Newstalk ZB,
Publish Date
Thu, 9 Dec 2021, 8:47PM

Volatility across global markets has been picking up sharply recently.

Fisher Funds Senior Portfolio Manager Sam Dickie told Heather du Plessis-Allan it could be because of Omicron, but it’s probably more likely to be with what the Federal Reserve in the US is doing.

“Powell is started to hint that he’s gonna take the punch bowl away. What I mean by that is moving away from ultra-loose monetary policy settings and very low-interest rates which have been very supportive for the market.”

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