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Weather Reporting

7 October, 2021

A recent study by Deakin university found that business leaders, are more optimistic about their company’s profit forecast when the sun is shining. By analysing a large sample of US public firms, the study found that a sunshine-induced good mood leads managers to make upwardly biased earnings outlooks. The study suggests investors might want to check the weather forecast before making financial decisions.

Time horizon: Now
region: APAC
channel: IRL
Sector: Finance
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Weather Reporting
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Weather Reporting

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