Economists are calm, even if equities are not
There are reasons why equity volatility may be ignored in the real world, but economists cannot entirely ignore the moves in financial markets.
THE start of 2016 has been a turbulent time in the world's equity markets. The world's economies have been far less volatile. Once again, economics and markets seem to be moving in different directions. This divergence may well continue.
The relationship between equities and economies is a lot looser than …
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