Finance at a Time of Stress: Lessons for Investors and Regulators
Harvard University and The Fletcher School, Tufts University
Stock and bond prices tended to move in opposite directions over the past two decades and investors could reduce their portfolio risk by holding a mix of both. More recently stock and bond prices have moved together. What are the implications for investors and regulators?
This is an excerpt from EconoFact's Roundtable 'Finance at a Time of Stress,' held on 27th April 2023, featuring John Campbell of Harvard University, Eric Rosengren, the immediate past President of the Federal Reserve Bank of Boston, and Christopher Smart, Head of the Barings Investment Institute. See more from the event below: