@article{vidalllaurado2026roughtheory,
  author = {Vidal Llauradó, Joan},
  title = {A Rough Theory of Markets: Latent Contagion, Market Phases, and Market-Variance Risk},
  year = {2026},
  doi = {10.2139/ssrn.6616121},
  url = {https://doi.org/10.2139/ssrn.6616121}
}