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Business news can forecast market volatility more accurately than standard models, suggests study

Pelican Press

By Pelican Press,
in World News

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Business news can do more than report on financial markets; it can predict where they’re headed. That’s the finding from a new study by University of Auckland finance lecturer Dr. Justin J. Case and Queensland University of Technology’s Professor Adam Clements, who show that utilizing business news articles, specifically those published in The Wall Street Journal, can more accurately forecast…

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