Traders on the New York Stock Exchange on March 10, as stocks try to recover from the massive oil shock plunge the day before. Photo: AP
Richard Harris
Opinion

Opinion

The View by Richard Harris

Coronavirus and markets: Why it pays to understand the viral stories that move prices

  • Economists have long been aware of the power of narratives that try to explain or justify what is happening in financial markets. But now we have the quantitative tools to properly study it and model their economic impact, just as the world is in the grip of a global pandemic
Traders on the New York Stock Exchange on March 10, as stocks try to recover from the massive oil shock plunge the day before. Photo: AP
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