Does financial market volatility influence the real economy
探讨金融市场波动对实体经济的影响，指出波动过高预示危机，过低则可能引发过度冒险和系统性风险积累。
Financial market volatility rarely means good news: if it is too high, it’s a sign of a crisis; if it is too low, it could trigger excessive risk-taking and systemic risks could build up.