Financial Markets and Economic Performance: A Model for Effective Decision Making
English | 2021 | ISBN: 3030762947 | 469 Pages | PDF EPUB | 49 MB
English | 2021 | ISBN: 3030762947 | 469 Pages | PDF EPUB | 49 MB
Effective decision making requires understanding of the underlying principles of financial markets and economics. Intellectually, economics and financial markets are genetically intertwined although when it comes to popular commentary they are treated separately. In fact, academic economic thinking appears separate from financial market equity strategy in most financial market commentary. Historically, macroeconomics tended to assume away financial frictions and financial intermediation whereas financial economists did not necessarily consider the negative macroeconomic spill overs from financial market outcomes.