positive investor sentiment doesn’t necessarily match the true value of stocks
- Written by: Jedrzej Bialkowski, Professor and Head of Department, Economics and Finance, University of Canterbury
Global stock prices dropped across the board late last year, by between 10% and 15% in a matter of weeks.
Fears of a recession took hold after a series of interest rate increases, stubborn inflation and geopolitical tensions in Europe and the Middle East. Uncertainty gripped the market and eroded investor sentiment, only for markets to bounce back...
Read more: positive investor sentiment doesn’t necessarily match the true value of stocks
