ENGLISH

From Main Street to Wall Street: How the Economy Influences Stock Markets and What Investors Should Know

Book information

Publisher
OUP OXFORD
Year
2021
ISBN
2020950664, 9780198866404, 9780192636287, 0198866402
Language
english
Format
EPUB
Filesize
7 MB (7160480 bytes)
Pages
368\0
Library
Mobilism
Time added
2022-10-24 08:45:08

Description

In the long run, economies grow. Over the shorter-term business cycle, economic activity contracts and expands. From Main Street to Wall Street examines both the long-run relation between economic growth and stock returns and the shorter-term business-cycle relation. It examines the complex relationship between the economy and the stock market, and guides readers through the fascinating interaction between economic activity and financial markets. From Main Street to Wall Street draws heavily on data, supporting academic theories with empirical facts, and backing up arguments in intuitive ways. It discusses how investors can use knowledge of economic activity and financial markets to formulate expectations to future stock returns, and helps scholars and practitioners navigate financial markets by understanding the economy.

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