I predict a(nother) riot

THREADNEEDLE'S HARRISON UNNERVED BY THE UBER BULLS

Leigh Harrison, the head of equities at Threadneedle, suggests unbridled optimism on markets and the economy for the coming year may be misplaced.

One of the big surprises of last year was the arrival of a Tory/Liberal coalition without so much as a frisson of nerves in the market. Maybe abundant liquidity and emergent optimism about the future held the field, or may be it is just that in times of great distress the overriding pressure is to get on with saving the day. We should all be grateful that the coalition has not got lost wandering aimlessly around the wastelands of political debate where the futile manoeuvrings and point scoring could destroy the hopes of even the most fervent optimist. Having said that, perhaps the b...