We introduce a novel social media sentiment measure, the video sentiment index (VSI), created from over nine billion popular user-generated videos across 48 countries. VSI is significantly associated with mood proxies induced by seasonal factors, cloud coverage, and COVID-related restrictions....

The authors found that news related to the financial crisis and sovereign wealth fund investments in U.S. and European firms not only affected returns on U.S. money market instruments and U.S. firms' common stock but also created negative “spillover” effects on Canadian money markets and...