Stock market volatility around national elections

In a sample of 27 OECD countries, this paper investigates whether the event of a national election induces higher stock market volatility. It is found that the country- specific component of index return variance can easily double during the week around the Election Day, which attests to the fact that investors are surprised by the actual election outcome.

1 Jun 2018 The stock market often exhibits volatility in reaction to what's going on in 2016 elections in the wee hours of November 9, 2016, world markets  20 Oct 2016 would significantly increase expected future stock market volatility. in prediction market prices and stock market in the hours around Spiliankos, Peter, “ Reconciliation Starts with Honesty and Humility,” National Review,  This paper investigates a sample of 27 OECD countries to test whether national elections induce higher stock market volatility. It is found that the country-specific component of index return variance can easily double during the week around an election, which shows that investors are surprised by the election outcome. Downloadable! This paper investigates a sample of 27 OECD countries to test whether national elections induce higher stock market volatility. It is found that the countryspecific component of index return variance can easily double during the week around an Election Day, which shows that investors are surprised by the election outcome. Several factors, such as a narrow margin of victory, lack This paper investigates a sample of 27 OECD countries to test whether national elections induce higher stock market volatility. It is found that the country-specific component of index return variance can easily double during the week around an election, which shows that investors are surprised by the election outcome.

9 Dec 2018 We analysed stock market behaviour, macro data and foreign fund flows around Lok Sabha election by studying the growth in key aggregates of national income net purchases into the equity market around the last three LS elections – 2014, HDFC Short Term Debt Fund: To tide over market volatility.

21 Oct 2019 Argentine markets, in a holding pattern since a crash in August, are set for a new bout of nerves after the country holds a presidential election on Sunday, likely The peso crashed 17.6%, bonds tumbled 19.6% and the local stock market . 2,200 basis points, above the current level of around 2,060 points. 14 Feb 2018 News of stock market declines commanded voters' attention more than a oriented issues that made national headlines around the same time,  11 Apr 2019 Since the index could witness some consolidation in the near term, investors History suggests that market volatility remains elevated during  9 Dec 2018 We analysed stock market behaviour, macro data and foreign fund flows around Lok Sabha election by studying the growth in key aggregates of national income net purchases into the equity market around the last three LS elections – 2014, HDFC Short Term Debt Fund: To tide over market volatility. 15 Mar 2015 “Stock market volatility around national elections,” Journal of Banking & Finance, Vol. 32 no. 9, pp. 1941-1953. Bollerslev, T, Engle, R.F, and  1 Jun 2018 The stock market often exhibits volatility in reaction to what's going on in 2016 elections in the wee hours of November 9, 2016, world markets  20 Oct 2016 would significantly increase expected future stock market volatility. in prediction market prices and stock market in the hours around Spiliankos, Peter, “ Reconciliation Starts with Honesty and Humility,” National Review, 

Stock market performance in midterm election years. When the analysts looked at data around midterm elections, they found that the S&P 500 consistently outperformed in the year after midterms compared with non-midterm years. Just like presidential elections, which party controls Congress generally was not a factor to overall equity performance.

In addition, current econometric research on stock market volatility suggests approval ratings and public opinion across time (Beck 1991; Brace and presidential campaign?end-of-day returns for the S&P 500 and aggregated daily national. 9 Mar 2020 The drop on Monday was the worst for stocks in the United States since Financial markets have whipped around for weeks as investors struggled to quantify Elsewhere, Saudi Aramco, the national oil company of Saudi Arabia, fell as much home page · world · U.S. · politics · Election 2020 · New York 

This paper investigates a sample of 27 OECD countries to test whether national elections induce higher stock market volatility. It is found that the country-specific component of index return variance can easily double during the week around an Election Day, which shows that investors are surprised by the election outcome.

9 Nov 2017 Event studies point out that abnormal returns differ across industries relationship of political uncertainty and stock market volatility as well as uncertainty that stems from national elections is their outcome but not the date. 24 Jul 2014 Using a volatility event study approach methodology, we find that T. P. (2008) Stock market volatility around national elections, Journal of  Follow the stock market today on TheStreet. Get business news that moves markets, award-winning stock analysis, market data and stock trading ideas. Acorns CEO on How Younger Investors Can Fare During Market Volatility. Acorns CEO Noah Kerner breaks down A Breakdown of the 2020 Primary Election Results 

Downloadable! This paper investigates a sample of 27 OECD countries to test whether national elections induce higher stock market volatility. It is found that the countryspecific component of index return variance can easily double during the week around an Election Day, which shows that investors are surprised by the election outcome. Several factors, such as a narrow margin of victory, lack

Stock Market Volatility Around National Election. Journal of Banking and Finance, 32, 1941-1953. Campbell, J. Y., Andrew, W. L., & MacKinlay. 1997. 3.2 The Impact of Politics on the Stock Market . insights in how the volatility changes around national elections are different between OECD countries and  8 Jan 2020 and market-moving events — from the presidential elections and the Survey: Investing pros upbeat on stocks, expect election to impact markets Survey requests were emailed to potential respondents nationwide, and  7 Mar 2020 Over the past few sessions, volatility has reigned supreme on Wall Street. predicting a rise in volatility because that is typical of an election year The VIX's average is around 19 and the index tends to fall as stocks rise and vice versa. On Friday, President Trump declared a national emergency over the 

Follow the stock market today on TheStreet. Get business news that moves markets, award-winning stock analysis, market data and stock trading ideas. Acorns CEO on How Younger Investors Can Fare During Market Volatility. Acorns CEO Noah Kerner breaks down A Breakdown of the 2020 Primary Election Results  9 Feb 2020 The VIX is bouncing around. The U.S. election could cause volatility to rise to a crescendo. The stock market has become a rollercoaster of wide price swings over the recent days and weeks. The front-runner in the national polls, former Vice President Joe Biden, finished a distant fourth in the Iowa