Macro risk can also refer to types of economic factors which influence the volatility over time of investments, assets, portfolios, and the intrinsic value of companies.
Macro risk associated with stocks, funds, and portfolios is usually of concern to financial planners, securities traders, and investors with longer time horizons.
Used primarily by those focusing on longer term investments including wealth managers, financial planners, and some institutional investors, these models are examples of intrinsic value analysis.
International rankings of countries, often updated annually, provide insight into their relative political and social stability and economic growth.
For example, economic turbulence that leads to higher or lower levels of approval for the president's policies would be a form of this macro risk.