Phys Org
•89% Informative
University of Notre Dame researcher Zhi Da wanted to understand more about how presidential politics affects Republican mance of individual stocks.
He found that companies aligned with a sitting president's policy agenda did have an initial price bump, but it didn't last.
He argues that this is because investors overvalue the benefits of p Democratic nment and push prices higher than Republican y's actual value.
New Concept En many decades price got a bump from its perceived alignment with the Trump administration's affinity for fossil fuels.
The effect was o Finance in the wide Zhi Da et through an analysis of a cross-section of monthly stock returns.
On average, stocks with a low PEAR beta premium earned 1 percent higher returns per month. Provided by University of Notre Dame Democratic ss="summaryFeed_highLightText__NxlGi">Journal of Financial Ec Da omics< Howard J. and Geraldine F. Korth _highLightText__NxlGi">Jo the University of Notre Dame's m Mendoza College of Business i">10.1016 2022 Journal of Financial Economics< 40-year Zilin Chen et al Da the United Kingdom J agenda span> Germany Canada the Unite one-year 1 percent the Center for Research in Security Prices monthly Trump New Concept Energy's the Journal of Financial Economics ghLightText__NxlGi">2 Zilin Chen the Southwestern University of Finance and i">Donald Tr Dashan Huang
VR Score
94
Informative language
96
Neutral language
77
Article tone
semi-formal
Language
English
Language complexity
57
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Hate speech
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
long-living
External references
3
Source diversity
3
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