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Financial markets can be volatile and unpredictable from "summary" of Globalization and Its Discontents by Joseph E. Stiglitz

Financial markets, as we have come to understand, are characterized by their volatility and unpredictability. This means that they can swing wildly in response to even the smallest piece of news or rumor. This can make investing in these markets a risky proposition for individuals and institutions alike. One of the reasons why financial markets are so volatile is because they are driven by the actions of countless actors, each with their own motivations and objectives. These actors can include individual investors, hedge funds, banks, and even governments. When these actors make decisions based on their own interests, it can often lead to sudden and sharp movements in the markets. Moreover, financial markets are also influenc...
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    Globalization and Its Discontents

    Joseph E. Stiglitz

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