Investors price in sanctions risk for US equities – study
NY Fed authors say geoeconomic risk driven by firms’ exposure to sanctioned countries’ supply chains
US equities expose investors to geoeconomic risks based on the underlying firms’ relationships with countries exposed to sanctions, a study from the Federal Reserve Bank of New York concludes.
Geoeconomic risks arise when governments use economic, trade or financial policy for geopolitical ends, thus incurring valuation losses for investors. A blog post published this month by the New York Fed’s Matteo Crosignani and University of Massachusetts Amherst assistant professors Lina Han and Marco
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: www.centralbanking.com/subscriptions
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Economics
Mexico’s monetary policy should remain tight, IMF says
Banxico should strengthen comms and limit government bond purchases to short end of curve, fund adds
Rising bond yields slow policy transmission – Lane
‘Second wave’ of energy inflation yet to ripple through to other prices, says ECB chief economist
Rehn says European safe asset ‘deserves further examination’
ESRB vice-chair says jointly issued bond could help fund defence and energy, but design is the hurdle
IMF approves El Salvador funds, despite bitcoin purchases
Institution granted waivers after government missed performance targets, including on crypto
Stablecoins issuers’ debt wish not enough to meet US needs – study
SF Fed authors say demand for Treasuries will be much smaller than government’s requirements
BdF chief urges French politicians to break budget deadlock
Central bank governor warns another stalemate could jeopardise France’s economic future
AI not having major impact on US graduate jobs – study
NBER researchers say changes in employment market are not statistically significant
Canadian households and firms adapting to volatility – Macklem
Country has gone through ‘several stages of grief’ over death of open trade with US, says governor