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  1. 1 Studia Ekonomiczne

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  1. 1 Dąbrowski P.

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  1. 1 2013

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Huraoptymizm rekomendacji maklerskich w okresie giełdowej dekoniunktury

100%
Dąbrowski P.
Studia Ekonomiczne
|
2013
|
vol. 174
88-104
EN
Brokerage recommendations suggest investors buying or selling financial instruments. Their quality is variable in long time and is better during up-trends. But the most surprising thing is optimism of financial institutions - they recommend buying stocks (over 70% cases!) despite of bad sentiments and bear trends on the markets. In the article the results of Polish blue-chip stocks recommendation exploration are presented. It covers 2007-2011 and tries to explain why during hard times there are significant dominance of buying "recos".
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