Note also that different macroeconomic shocks give different outcomes. (johnquiggin.com)
But those swings in the market over the past year often caused by macroeconomic shocks such as the crash of the Shanghai Composite in 2015 and the Brexit referendum, also relegated some investors to the sidelines. (fortune.com)
In the presence of such vulnerabilities, an event such as an adverse macroeconomic shock can stress the financial system or even trigger a crisis. (bankofcanada.ca)