Financial market spillovers around the globeThis paper investigates the transmission of return and volatility spillovers around the globe. It draws on index futures of three representative indices, namely the Dow Jones Euro Stoxx 50, the S&P 500 and the Nikkei 225. Devolatised returns and...

The global financial system has enormous influence on the day-to-day lives of billions, yet is shrouded in mystery and poorly understood. Through narrative-driven reporting, vivid storytelling, and perceptive analysis Michael Casey brings to light the distorted, dysfunctional global economic...