Financial Markets and Economic Performance

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Understanding financial markets and economics is crucial for effective decision-making. The book explores the deep connection between these fields, highlighting how they are often discussed separately in popular commentary. It critiques the historical separation of macroeconomic assumptions from financial frictions and the lack of consideration for macroeconomic impacts in financial strategies. By bridging these gaps, the book aims to provide a comprehensive perspective on how economic principles influence financial market behavior and vice versa.