Tuesday, September 24, 2013

The web bots are reading our newspapers

If policymakers had wanted to see signs of the housing bubble at the time it was inflating, perhaps they should have read local newspapers. That’s one take-away from research done by University of Michigan Ross School of Business assistant professor of finance, Cindy Soo. Ms. Soo used newspaper articles to measure the “animal spirits” in housing markets across the U.S

The web bots are learning to read in general, once they are up to date on what they read, we can just ask them, What's up?

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