In wild markets, do the most dated prices actually reduce redemptions?
Uncertainty about outside news alters company disclosures and how markets interpret them, study finds
Do investors misprice assets, revise their risk appetite or make some other misjudgment?
Traders see an implicit promise beyond specific asset purchases
Stocks don’t react to news immediately because, well, we’re human
How a localized flood may result in fewer loans to a far-off community
As major central banks adopt digital currency, emerging countries will feel mixed effects
Investors may underreact when information arrives in small, continuous bits
Skewness, measuring the range of biases, strongly suggests rate moves
Equity volatility can encourage — or dampen — investment, depending on a firm’s bond spread
Active investors take up some — but not all — of the slack created by index funds
Some investment vehicles are more reliant than others on the health of trading firms
They don’t trade at an absolute equal to intrinsic value, despite their image as the world’s investment bedrock
A short squeeze can ripple across short sellers’ positions