Abstract
ABSTRACT This paper investigates whether Brazilian President Bolsonaro’s bank-related tweets are perceived by the market as genuine news and, thus, affecting the related shares’ price or, at least, the negotiated volumes (noise case). No significant impact was detected, possibly due to the fact that (i) his tweets’ content is more political than market related; (ii) he has been in charge for less than one year and, consequently, the market is still in a ‘wait and see’ position; (iii) the local banking sector is very concentrated, being ‘politically resistant’, even to presidential tweets.
Full Text 
Sign-in/Register to access full text options
Sign-in/Register to access full text options 
Published version (
Free)
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
