Do changes in stock prices precede economic downturns and expansions, or do they follow changes in economic

Question:

Do changes in stock prices precede economic downturns and expansions, or do they follow changes in economic activity? Are stock market prices a cause or an effect of changes in the macroeconomy?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Economics

ISBN: 9781319330156,9781319419769

2nd Edition

Authors: Betsey Stevenson, Justin Wolfers

Question Posted: