Search results for "Stock market crash"
showing 3 items of 3 documents
Stop the bleeding or weather the storm? crisis solution marketing and the ideological use of metaphor in online financial reporting of the stock mark…
2014
Introducing the concept of Crisis Solution Marketing (CSM), this research explores how metaphor pre-packages information, proposing “solutions” to “problems” they discursively construct in the media. These conceptual frameworks are capable of influencing how readers perceive and interpret news events, ultimately influencing their behavior as consumers and the financial decisions they make. This article explores the relationship between editorial positioning and ideology in financial news and the types or ontologies of metaphors used to describe the nature of the stock market via reporting on the stock market crash of 2008 in online news media. Results indicate a statistically significant p…
Lionello Perera: An Italian Banker and Patron in New York
2022
The book presents the long-lost biography of Lionello Perera, principal banker, patron, and philanthropist of the Italian American community in New York at the inception of the twentieth century. Born and raised in Venice, Lionello Perera took over his uncle’s financial activity in Wall Street and developed the family business into a stronghold of the Italian American community. His remarkable career led him to become the Vice President of Bank of America in 1928 as an associate of California born Amadeo P. Giannini, while he also was instrumental to the political success of New York mayor Fiorello La Guardia. Recognised as a true founding father of the Italian American community of the Eas…
Not all bull and bear markets are alike: insights from a five-state hidden semi-Markov model
2022
This paper employs the hidden semi-Markov model and a novel model selection procedure to detect different states in the US stock market. The empirical results suggest that the market is switching between five states that can be classified into three bull states and two bear states. The three bull states are categorized as a low volatility bull market, a high volatility bull market, and a stock market bubble. One of the bear states represents a regular bear market, while the other one corresponds to either a stock market crash or a market correction. The paper demonstrates that the five-state model is consistent with a number of stylized facts and provides many valuable insights into the dyn…