Mangee, Nicholas - In: Economics Bulletin 34 (2014) 4, pp. 2165-2178
reported to impact stock prices with a positive relation on some days and a negative one on others. The Bloomberg data show … that, on average, economic considerations matter positively for stock prices during both expansions and contractions, but … data suggests that the connection between macroeconomic news and stock prices is much more unstable than what has been …