Amity Shlaes

Amity Shlaes: The Forgotten Man

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Michael Ferri’s Evidence from 2004 Election….

by Amity Shlaes
September 25, 2009

This article  by Michael Ferri in the Journal of Applied Finance provides more evidence that political events, especially the expected outcome of national elections, can move equity markets. His article uses statistical methods to demonstrate that the reversal in expectations of the outcome of the 2004 US Presidential election moved the US equity markets.

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