REUTERS/Kim Kyung-Hoon/File PhotoNEW YORK/LONDON, Sept 25 (Reuters) - Global investors are preparing for more market mayhem after a monumental week that whipsawed asset prices around the world, as central banks and governments ramped up their fight against inflation.
"It's hard to know what will break where, and when," said Mike Kelly, head of multi-asset at PineBridge Investments (US).
"Currency exchange rates ... are now violent in their moves," said David Kotok, chairman and chief investment officer at Cumberland Advisors.
The fallout from the hectic week exacerbated trends for stocks and bonds that have been in place all year, pushing down prices for both asset classes.
"We are of the view that markets are still massively underestimating the global economic growth hit that is coming," he said.