2022 has been a volatile year for equity investors as a result of rising inflation and the subsequent increase in interest rates. However, despite the signs of inflation easing slightly in the US and higher interest rates forcing some economic contractions within global markets, the state of the economy remains uncertain. In this report, we review literature that discusses 10 things investors should consider to best prepare for the year ahead.

Applying NLP tools to earnings calls, company filings and financial documents is not new to the world of alternative data. Drawing specifically on earnings calls, many will also be familiar with post-earnings call announcement drift (PEAD). In this report, we review literature that discusses how PEAD can be improved using linguistic approaches such as NLP.

We summarise a 2021 study that analysed J-REIT data. The study evaluates the effects over time of three price-forming factors on the capitalisation rate of office real estate in Tokyo’s business districts.