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This article investigates the predictive power of popular market‐based sentiment measures for subsequent returns on the Standard & Poor’s (S&P) 500 futures contract over 10‐day, 20‐day, and 30‐day horizons from January 1989 through June 1999. These measures include the volatility...
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The adoption of special listing segments by the São Paulo Stock Exchange in the year 2000 was an important step forward for the Brazilian equity market. Bovespa's introduction of the Novo Mercado and its Special Corporate Governance Levels 1 and 2 provided concrete, standardized certification...
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