Capital markets can get completely detached from the real economy: they’re so far forward-looking and so caught up in financial markets structures that bad news can be good news and right can be wrong.But while directors and chief executives will say all the time they do not run companies for capital markets and the market’s share prices, those share prices are listed companies’ lifeblood.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles