Financial Stress and Financial Conditions Indicators - What Do They Have in Common?

The main point of contact is the combine information from various financial variables into a single number. In contrast to the finacial stress indicators, we do not consider variables fromte formequity markets. We also ten to have a more parsimonious approach in terms of the amount of imbut variables that we consider. And this focus is on key markets that are intertwined by the role of market making and collatera.