Bad air days choke Wall Street trading
Now, there’s news from Israel that zeroes in on another unexpected outcome of smog: According to University of Haifa finance researcher Joseph Yagil and Netanya Academic College economist Tamir Levy, traders on Wall Street perform less well, and appear to be more averse to taking risks, on smoggy days than when the air is clear
Yet another study that financial data plays a lesser role in the movement of Wall Street.
I’m going to be very upset if Wall Street activity correlates to the trials and tribulations of Lindsey Lohan.