Why, despite the war in Ukraine having ratcheted up economic uncertainty severely, are the equity markets relatively calm? The CBOE Volatility Index, for instance, is not particularly elevated. This is not the first time that this has happened. In 1989, a research paper identified what it called ‘The Volatility Puzzle’ in US markets. The paper, by G William Schwert, published in the Journal of Finance, said that despite the increase in uncertainty and economic volatility during wars, stock market volatility...
Moneycontrol Pro Panorama | Propping up valuations through buybacks no substitute for good performance
Dec 9, 2022 / 03:28 PM IST
In today’s edition of Moneycontrol Pro Panorama: Economic churn brings new sectors to forefront, gig jobs replace permanent employment, banks should tap branch network for deposit growth, advance booking is key to any travel plan, and moreRead Now
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