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By Gontran de Quillacq
On January 24, 2021

Macro uncertainty as predictor of market volatility

A good note from Ralph Sueppel on the relationship between market volatility and macroeconomic uncertainty.

Storm on the horizonA good explanation on the relationship between market volatility and economic uncertainty from  Ralph Sueppel at Macrosynergy.

Stocks are priced as the discounted value of future factors. The variability of these cash-flow is insufficient to explain market volatility. Macro-economic uncertainty is actually a much better explanatory factor and predictor.

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