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Stock impact report

The Market Color Puzzle [Forbes]

Janus Henderson Group plc Ordinary Shares (JHG) 
Last janus henderson group plc ordinary shares earnings: 4/30 04:00 am Check Earnings Report
US:NYSE Investor Relations: snl.com/irw/corporateprofile/4147331
Company Research Source: Forbes
securities, but one ritual that unites virtually all finance professionals together is our daily blessing over market color. Almost every day we ask and attempt to answer this question: why did the market just do what it did? Like most rituals, until recently, I'd never really questioned why. It's just something you do. But does it actually add value? First, the market doesn't usually do much anyway. Whether it's up or down a percent or two, who cares? It's noise. Second, any speculation as to why it moved the way it did often sounds like a just-so story. Did some macroeconomic number come out? Then the market was either up or down, because or despite of it. Did no macroeconomic number come out? Then expectations must have changed, or a supply shock, or liquidity constraints. It can sound like sophistry, rearranging evidence to conform to what we already know. A typical result from generating such market color is the feeling, as @CorneliaLake puts it, that “you really have jus Show less Read more
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