Modern Political Economy Think Tank

Where Markets, Ideology, and Sentiment Meet

We study how ideology, collective emotion, and macroeconomic regimes shape financial markets, organizational strategy, and democratic systems. Theory, data, and narrative -- combined.

Research Cited In

Montgomery Advertiser

Political-Behavioral Finance

Roseboro Foundation explores the intersection of political economy, behavioral finance, and data science -- investigating how ideology, emotion, and narrative shape financial decision-making. This emerging research agenda, led by Ashley D. Roseboro, asks what happens to markets when political identity becomes an asset-pricing variable.

In this view, markets are not governed by fundamentals alone. Political identity, cultural narratives, and media environments act as shadow variables that move prices, reshape risk premia, and redirect capital flows.

Core Research Questions

Markets respond to identity and narrative.

Partisan cues, cultural symbols, and story frames drive expectations alongside earnings, rates, and growth.

Regimes matter.

The influence of sentiment and ideology intensifies under stress -- high volatility, tightening cycles, political shocks -- and recedes when conditions stabilize.

Sentiment is structural, not noise.

Herding, fear, outrage, and FoMO create persistent patterns in returns and risk, not just transient anomalies.

Narratives shape institutions.

Stories about democracy, justice, and legitimacy inform how firms behave, investors react, and policymakers respond.

Research Pillars

Our work is organized around four interconnected pillars that translate theory into empirical research and actionable insight.

Capital Markets & Political Behavior

How political polarization, partisan identity, and sociopolitical branding shape stock returns, investor expectations, and equity risk premia.

  • Culture war controversies and market reaction
  • Investor herding and ideological segmentation
  • Asset pricing under sociopolitical stress

Macroeconomic Regimes & Volatility

Regime-switching models and macro-financial indicators that reveal when behavioral forces become most influential in driving risk.

  • High- and low-volatility market regimes
  • Monetary policy, liquidity, and uncertainty
  • Nonlinear responses to political shocks

Narrative, Memory & Democracy

How historical memory, civil rights narratives, and media ecosystems shape public belief, political participation, and long-run expectations.

  • Civil rights storytelling and political imagination
  • Media framing and institutional legitimacy
  • Narrative, trust, and economic behavior

Organizational Strategy & Systems Analytics

Applying modern political economy insights to mission-driven organizations navigating ideological risk and narrative environments.

  • Data-informed strategy for nonprofits
  • Measurement and evaluation frameworks
  • Scenario planning in polarized environments

Founder & Chief Theorist

Ashley D. Roseboro

Founder & Chief Theorist

Ashley D. Roseboro is a PhD Candidate in Business Analytics at the University of South Alabama, an Applied Data Scientist, a Strategic Consultant, and an Educator whose work bridges the domains of finance, behavioral science, and communication strategy. With over fifteen years of leadership across the business, nonprofit, and political sectors, Roseboro is recognized for uniting data-driven analysis with human-centered storytelling.

Roseboro's scholarship explores the intersection of political economy, behavioral finance, and data science -- investigating how ideology and emotion shape financial decision-making. Drawing on econometrics, machine learning, and natural language processing, he examines nonlinear and regime-dependent patterns in asset pricing across both traditional and decentralized finance markets.

His dissertation, Signals and Systems: The Political Economy of Investor Sentiment and Financial Innovation, examines how ideological and behavioral signals in financial markets, amplified by technological and macroeconomic shifts, create new paradigms for value formation and investor psychology.

Roseboro also serves as Founder and CEO of Roseboro Holdings and represents Claudette Colvin, whose story has reached global audiences through Spark (Mandalay Productions) and Noire (Centre Pompidou, Paris). He holds degrees from Greensboro College, Boston University, and the College of William & Mary.

Areas of Scholarly Focus

  • Political-behavioral finance research
  • Market sentiment, polarization, and asset pricing
  • Macroeconomic regimes and systemic risk
  • Narrative, civil rights memory, and democratic stability
  • Data science for mission-driven organizations
  • Ideological signaling, investor herding, and behavioral foundations of portfolio theory

Speaking & Appearances

Interested in having Ashley speak at your conference, university, or organization? We welcome inquiries for keynotes, panels, and guest lectures on political economy, media, and institutional trust.

No upcoming events at this time. Check back soon.

Invite Ashley to Speak →

Publications & Insights

Mar 2026

Culture Wars & Capital Markets: Sociopolitical Branding as Systematic Risk

An empirical examination of how ideological branding controversies create measurable distortions in asset pricing and investor behavior during periods of elevated volatility.

Working Paper
Feb 2026

Political Economy as Systematic Risk: A Framework for Understanding Identity-Driven Markets

The February newsletter introducing the Foundation's core thesis that political identity functions as a systematic risk factor, not a behavioral anomaly.

Newsletter
Jan 2026

Signals and Systems: Regime-Switching Models for Sentiment-Driven Asset Pricing

Introducing extended asset-pricing models that account for regime-dependent behavioral forces in equity markets.

Research Essay
Dec 2025

Narratives of Justice and Economic Imagination: Civil Rights Memory in Contemporary Markets

How historical narratives about justice and citizenship influence contemporary beliefs about democracy, equity, and economic opportunity.

Research Report
Nov 2025

Beyond Fundamentals: Political Identity and Investor Herding in Polarized Environments

Empirical evidence that partisan identity creates segmented investor cohorts with measurably different risk expectations and return profiles.

Working Paper

From Theory to Practice

Our research powers the consulting work of Roseboro Holdings, ensuring that strategy is always grounded in evidence, not intuition alone.

Visit Roseboro Holdings →

Connect & Collaborate

Address

1200 G Street, NW, Suite 800
Washington, DC 20005

General Inquiries

info@roseborofoundation.com

Media & Speaking

media@roseborofoundation.com

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