Jupiter's Edward Bonham Carter: Escaping Lehmans' shadow

Tenth anniversary of crisis

Financial markets have staged a remarkable recovery since the fall of Lehman Brothers, but it has been a joyless affair, says Jupiter vice chairman Edward Bonham Carter.

The ending of central bank support, both feared and wanted, hangs like a sword of Damocles over the market. Ten years on from the collapse of Lehman Brothers, the unorthodox measures central banks took to dampen the fires of the global financial crisis have left a smouldering terrain that has cast a pall over the global economic recovery. Asset prices may have hit all-time highs but confidence remain fragile; fears the next global shock may be round the corner makes for skittish investors as we have seen with the currency crises in Turkey and Argentina. Unhappy anniversaries of the...