HKS Affiliated Authors
James W. Harpel Professor of Capital Formation and Growth
Excerpt
Excerpt
The Economic Message from Equity Markets. Jeffrey Frankel, February 22, 2018, Opinion, "Everyone – not just those who hold stocks – should be concerned about a major stock-market plunge. While it is impossible to predict such a plunge, or whether it will coincide with the next recession, it is now clear that last year's unusually low financial and economic volatility is over." Link