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Are Stock Prices Related To New York's Climatic Conditions?, Matthew M. Cullen
Are Stock Prices Related To New York's Climatic Conditions?, Matthew M. Cullen
Honors Theses
The past five years has shown tremendous growth in a new wave and style of investing strategy. This new style, known as behavioral investing, attempts to analyze financial markets through the eye of a social scientist rather than a financial professional. Its followers try to see market movements as affected not necessarily by the business or economy but by the cognition and mood of buyers and seller. This paper analyzes the effect of climatic conditions on mood and the effect that has on market movements and volume. For the most part, it was found that there is no significant relationship …