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There is already robust evidence that links the co-motion of financial devices to the volatility and uncertainty in monetary markets 23 , thereby also reflecting the degree of systemic threat. Systemic risk is the danger that is associated with the entire financial system versus any particular person entity or element. It could be outlined as any set of circumstances that pose a threat to the stability of the monetary system and have the potential to provoke a financial disaster 27 We hypothesise that the cohesiveness of financial news partially reflects this systemic danger.
Dow has increased mere six {c8f95e1e3019d83ceefb719040939faf2bd31aed86393ba5b6b975155c7b2729} in more than seven years and China and Hong Kong index has raised by thirty to fifty p.c (roughly estimated) however … Read more