► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />The first quarter of 2015 saw a big gain in the dollar and further falls in the oil price, while bond yields fell the world over, and the Chinese stock market went ballistic. John Authers suggests a common theme is that the market overreacts to central bank stimuli.<br /><br />► FirstFT : http://bit.ly/1TK237l<br /><br />► Authers’ Note: http://bit.ly/1Liu16x <br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes