| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5089512 | Journal of Banking & Finance | 2012 | 13 Pages |
Abstract
⺠We examine the announcement of consumer sentiment on US stock and futures markets. ⺠We find that the consumer sentiment announcement has valuable information content. ⺠An asymmetric response is observed for “good” versus “bad” sentiment news. ⺠The effect of negative consumer sentiment announcements is in salient stocks. ⺠The results support the availability heuristic.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Shumi Akhtar, Robert Faff, Barry Oliver, Avanidhar Subrahmanyam,