You searched for: Content Type Policy Brief Remove constraint Content Type: Policy Brief Publishing Institution Peterson Institute for International Economics Remove constraint Publishing Institution: Peterson Institute for International Economics Political Geography Global Markets Remove constraint Political Geography: Global Markets Publication Year within 1 Year Remove constraint Publication Year: within 1 Year Publication Year within 25 Years Remove constraint Publication Year: within 25 Years
- Author: Olivier Blanchard, Christopher G. Collins, Mohammad R Jahan-Parvar, Thomas Pellet
- Publication Date: 03-2018
- Content Type: Policy Brief
- Institution: Peterson Institute for International Economics
- Abstract: Immediately following the US presidential election in November 2016, many economists were concerned that increased uncertainty over economic policy would lead to a decline in the US stock market. From the time of the election to the end of 2017, however, the stock market, as measured by the Standard and Poor's (S&P) 500 index, increased by about 25 percent. Price swings since then have led investors and economists to increasingly ask: Was the stock market rise justified by an increase in actual and expected future dividends, or did it reflect unhealthy price developments, which may reverse in the future?
- Topic: International Political Economy
- Political Geography: Global Markets