How news flow, narratives, and sentiment impact asset prices.
This scope is designed to help you build a practical understanding of News, Narrative & Sentiment. Lessons move from core definitions to real-world context and common failure points.
Reading in order is recommended, but each lesson stands on its own.
An in-depth explanation of how news, narrative, and sentiment shape asset prices through changes in expected cash flows and discount rates, and how fundamental analysis evaluates the materiality and persistence of information for long-term valuation.
A clear, academically grounded explanation of how hard news and soft news differ, how each enters fundamental analysis, and why the distinction matters for evaluating intrinsic value over the long run. Includes practical examples and market context without offering investment advice.
A rigorous introduction to narratives in fundamental analysis. Learn how stories formed from news and sentiment shape expectations, connect to cash flow drivers, and influence long-term valuation without relying on trading signals or recommendations.
A rigorous overview of market sentiment within fundamental analysis. The article defines sentiment, links it to news and narrative, and shows how it influences cash flow expectations, discount rates, financing conditions, and long-horizon valuation. Practical examples illustrate how sentiment becomes economically relevant without invoking trading r…
A rigorous exploration of how markets translate expectations into prices, how reality updates those beliefs, and why the expectations-reality gap is central to long-term valuation in fundamental analysis. The article examines news flow, narrative, and sentiment as inputs to expectations, and shows how surprises reshape intrinsic value estimates.
An examination of how media coverage amplifies information, shapes narratives and sentiment, and influences the cash flows and risk assessments used in fundamental valuation. The article defines media amplification effects, outlines mechanisms, measurement approaches, and illustrates their relevance to long-term intrinsic value with real-world cont…
An academic overview of how social media narratives and sentiment intersect with fundamental analysis, shaping perceptions, behaviors, and occasionally the real economic drivers behind long-term valuation. The article defines the concept, outlines measurement approaches, and discusses mechanisms that link online discourse to cash flows and risk.
An examination of fear and greed cycles as a source of valuation swings, showing how news, narratives, and sentiment shape expectations, discount rates, and ultimately the gap between market price and intrinsic value over time. Includes practical frameworks for integrating sentiment into fundamental analysis without relying on trading rules.
A rigorous explanation of why markets sometimes rise on negative headlines, and how fundamental analysts use expectations, discount rates, and second-order effects to assess intrinsic value beyond the surface of the news cycle. The article clarifies the role of narrative and sentiment without offering trading advice or recommendations.
Positive headlines do not always lift valuations. This article explains why apparently favorable news can lower an asset’s intrinsic value by altering expectations, guidance, risk premia, and the durability of cash flows, and shows how fundamental analysts translate news and sentiment into valuation drivers.
