Casarin, Roberto; Squazzoni, Flaminio - Dipartimento di Economia, Università Ca' Foscari Venezia - 2012
newspapers, such as the Wall Street Journal, Financial Times, and Il Sole24ore and created an index of bad news at a daily base … crisis, with Financial Times more pessimistic. Our results also show that Wall Street Journal bad news had higher … predictability value for the correlation between US and the foreign markets. This confirms the international influence of Wall Street …