Global oil prices rose steadily throughout early 2011 during the “Arab Spring” protests in the Middle East, with the most dramatic leap occurring when Libyans began protesting on February 17.
When rumors surfaced on November 7, 2011, that Silvio Berlusconi, the Italian prime minister, was about to resign, the Italian Borsa stock index rose by over 4.6 percent in a day.
Stocks perform inexplicably poorly during full moons, but rise during new moons, according to a 28-year long study of 48 national stock indices, published in 2001.
A 15-year study found that stocks traded in New York on the city’s sunny days returned almost three times more than on cloudy days. After controlling for sunshine, rain and snow had no impact.
European Central Bank-sponsored research suggests that stockbrokers’ emotional investment in football competes with their financial investments: Spanish trade volumes dropped 26 percent during Spain’s 2010 FIFA World Cup matches.
When British band Coldplay released the video for “Every Teardrop is a Waterfall” on June 28 2011, shares in Citigroup, owner of the band’s record label EMI, jumped to their highest level in two months.
From the pages of COLORS #85 - Going to Market.