examines the equity, commodity, interest rates, and currency markets, taking into consideration the US economic policy … and recession, and fiscal policy battles have significantly affected the equity, currency, and commodity markets. The …. The results suggest that equity markets' volatility tends to be very high based on a high degree of policy uncertainty …

We study the effects of political uncertainty on commodity markets from both theoretical and empirical perspectives …. Consistent with our theoretical predictions, commodity prices and inventories decline by 6.6% and 5.7%, respectively, and … in major commodity-producing countries. We do not observe significant changes in risk premiums before elections …

During 2008 and 2009 Australian listed entities raised large amounts of equity capital as the global financial crisis …, seeking additional equity to replace debt as lenders, unwilling to roll-over debt on pre-crisis terms, sharply curtailed the … amount they were willing to lend. Adding to the need for equity raisings were the broader economic impacts of the crisis …

(VIX)] exerts a large market-wide impact on liquidity, which gives rise to co-movements in individual asset liquidity. The … effect of VIX on stock liquidity is greater than the combined effects of all other common determinants of stock liquidity. We … show that the uncertainty elasticity of liquidity (UEL: percent change in liquidity given a 1% change in VIX) has increased …

stock market uncertainty, as measured by the VIX volatility index, increases along with positive changes in the probability …