Stocks, Bonds, and War

Описание: Wars and financial markets have coexisted, and often been intertwined, for hundreds of years. Countries that have lost major wars have had their financial markets decimated, while global markets have been relatively resilient, even to major conflicts. Despite the relative resilience of global markets, crises and wars tend to reduce global market returns and increase their volatility.

Special Rational Reminder episode: https://rationalreminder.ca/podcast/s...

Referenced in this video:
War, Peace and Stock Markets: https://papers.ssrn.com/sol3/papers.c...
ICB Project: https://sites.duke.edu/icbdata/
WHY DOES STOCK MARKET VOLATILITY CHANGE OVER TIME?: https://www.nber.org/system/files/wor...
Earning from History? Financial Markets and the Approach of World Wars: https://www.brookings.edu/wp-content/...
The General Theory of Employment: https://macroeconomiauca.files.wordpr...

------------------
Follow Ben Felix on
Twitter:   / benjaminwfelix  

Visit Rational Reminder: www.https://rationalreminder.ca/

Follow the Rational Reminder on:
Twitter:   / rationalremind  

Visit PWL Capital: https://www.pwlcapital.com/

Follow PWL Capital on:
Twitter:   / pwlcapital  
Facebook:   / pwlcapital  
LinkedIn:   / pwl-capital  

You can find the Rational Reminder podcast on
Google Podcasts:
https://www.google.com/podcasts?feed=...
Apple Podcasts:
https://itunes.apple.com/ca/podcast/t...
Spotify Podcasts:
https://open.spotify.com/show/6RHWTH9...
------------------