► Subscribe to FT.com here: http://on.ft.com/2eZZoLI<br /><br />Equity markets have been rallying today with the FTSE all-world index reaching record highs. Inflation expectation and a belief that the cycle has turned were powering the rally. Will it last?<br /><br />► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<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