Mammootty announces new project 'Turbo'

• Global stock markets remain near record highs despite geopolitical risks
• Private credit has surged to around £2 trillion globally over two decades
• Bank of England warns multiple risks could trigger a market correction

A senior voice at the Bank of England has raised concerns that global stock markets may be running ahead of reality, warning that risks are building even as prices remain near record highs. The remarks come at a time when stock market valuations, AI-driven optimism and geopolitical tensions are all colliding, raising fresh questions about whether a correction could be on the horizon.

Sarah Breeden, the central bank’s deputy governor for financial stability, said markets appear to be overlooking a growing list of risks. “There’s a lot of risk out there and yet asset prices are at all-time highs. We expect there will be an adjustment at some point,” she reportedly said in an interview.