Suisse stock prices influenced by inflation and interest rates, market inefficiency revealed.
The study looked at how Suisse stock prices are related to inflation, interest rates, and exchange rates from 1999 to 2018. They used different tests to analyze the data and found that inflation and interest rates can help predict Suisse stock prices. This suggests that the Suisse stock market is not very efficient because public information on inflation and interest rates can be used to predict stock prices.