JOURNAL ARTICLE

When the Groundhog Predicts an Early Spring, Investors Get Optimistic.

  • Published In: Harvard Business Review, 2023, v. 101, n. 1. P. 28 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Shanaev, Mr. 3 of 3

Abstract

The article presents an interview with Dr. Savva Shanaev who discusses topics such as the relationships between the Groundhog Day-related weather forecasting an animal named Punxsutawney Phil (Phil), stock-market returns, and the attitudes of investors. According to the article, the stock market appreciates by more than two percent after Phil predicts that there will be an early arrival of spring.

Additional Information

  • Source:Harvard Business Review. 2023/01, Vol. 101, Issue 1, p28
  • Document Type:Interview
  • Subject Area:Sports and Leisure
  • Publication Date:2023
  • ISSN:0017-8012
  • Accession Number:160701542

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