Global Financial Stability Report: Market Development and Issues (September 2003)

Author: International Monetary Fund
Publisher:
Publish Date: 2003-12-01
Features: This issue of the Global Financial Stability Report finds that despite sluggish economic growth, geopolitical uncertainty, and significant market volatility, the 2003 financial markets have maintained resilience. However, the report also reveals some concerns, including risks related to macroeconomic prospects, rising long-term bond yields, potentially weak corporate earnings, and the vulnerability of emerging bond markets to market corrections.