Bonham Carter: We are coming off the 'economic EPO'

Edward Bonham Carter has compared the reaction of markets to the end of ultra-loose policy to "Lance Armstrong coming off the drugs" in one of his final speeches as Jupiter chief executive.

Bonham Carter (pictured), who will become Jupiter vice chairman next month as Maarten Slendebroek takes over as CEO, said the next year may be a turbulent one as investors adapt to the withdrawal of quantitative easing in the US. Speaking at Jupiter's annual investment dinner, he drew parallels between the easy money era and cyclist Lance Armstrong, who admitted to taking the performance-enhancing drug Erythropoietin (EPO) throughout his career. "You saw what happened to Lance Armstrong once he came off the drugs. We are coming off economic EPO, and getting some of the headaches and w...