Analysts, Macroeconomic News, and the Benefit of Active In-House Economists
Although macroeconomic news has a major impact on corporate earnings, anecdotal evidence suggests that financial analyst research is inefficient with respect to such news. Examining analysts' earnings research, we find that they underreact to negative macroeconomic news. Analysts are not all eq...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2016
|
| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1495 https://ink.library.smu.edu.sg/context/soa_research/article/2494/viewcontent/P_ID_52791_AnalystsMacroeconomicNewsBenefitEconomists_2015.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Singapore Management University |
| Language: | English |