Alexiou, Constantinos; Vogiazas, Sofoklis; Taqvi, Abid
(LLC “Consulting Publishing Company “Business Perspectives”, 2018-01-25)
The authors explore the reaction of US stock portfolio returns to macroeconomic announcements spanning the period from April 1998 to May 2017. Using daily returns of 25 portfolios formed on operating profitability and ...