Behavioral Finance

//Behavioral Finance

Predicting Stock Returns with Investor Sentiment

By | 2017-08-18T16:58:51+00:00 November 20th, 2013|Research Insights, Behavioral Finance|

Market participants often claim that investor sentiment matters for stock returns. This premise was formally studied by Malcolm Baker and Jeffrey Wurgler  in their landmark 2006 paper, "Investor Sentiment and the Cross-Section of Stock Returns." [...]