Text Analysis
How Long Do Markets Need to Fully React to Monetary Policy Announcements? by Paul L. Tran
January 27, 2026
Following the August 1999 Federal Open Market Committee (FOMC) announcement, the S&P 500 Index did not instantaneously settle at a new value. Instead, as shown in Figure 1, its price swung in both positive and negative directions for over an hour. This example highlights a key question: how much time do financial markets need to […]
Electoral Campaigns and News Polarization by Luis Menéndez
January 20, 2026
A growing body of research has been warning that social division is reaching unprecedented levels both in the United States and in Europe. For example, the Edelman Trust Barometer placed Spain among the five most polarized countries in the world in 2023. Studies such as those by Martin and Yurukoglu or Boxell, Gentzkow and Shapiro, point to […]