EPISODE · Feb 11, 2019 · 7 MIN
#03 - Market psychology during economic downturns
from Macro Waves · host BNP Paribas Economic Research
The psychology of a recession, Episode 3 - The stylised facts of a recession (considerable drop in equity prices, widening of the spread between corporate and government bonds) imply that during a slowdown, investors will focus their attention on the likelihood of entering a recession. The sensitivity to bad news increases, the investment horizon shortens and volatility rises, with a detrimental impact on growth.Hosted on Ausha. See ausha.co/privacy-policy for more information.
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#03 - Market psychology during economic downturns
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