Skip to main content

Lessons from past conflicts and crises

The onset of other major conflicts and military-related crises have often seen global equity indices tumble, while moves in developed market government bond yields have depended on how energy prices and central banks responded. This suggests to us that the war in Ukraine could plausibly put further pressure on equity markets, and that yields may still rise if central banks move ahead with tightening as we expect. In view of the wider interest, we are making this Global Markets Update available to clients of our Asset Allocation service.

Become a member to read more

This is premium content that requires an active Capital Economics subscription to view.

Already a member?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access