LISTEN: Using pop music to forecast the market

People wait to cross a street in front of an electronic stock indicator of a securities firm in Tokyo. AP Photo/Shizuo Kambayashi

People wait to cross a street in front of an electronic stock indicator of a securities firm in Tokyo. AP Photo/Shizuo Kambayashi

Published Apr 27, 2017

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Every week, hosts Joe Weisenthal and Tracy

Alloway take you on a not-so-random walk through hot topics in markets,

finance and economics.

When most people analyse the stock market, they look at

stuff like revenues, earnings, valuations and economic conditions.

But some

people like to look at the Billboard music charts or what kinds of films are

popular at any given moment.

On this week's Odd Lots, we talk to Matt Lampert,

director of research at the Socionomics Institute, which attempts to

analyze the market by looking at the nation's social mood.

And there's no

better way to examine society's mood than by looking at pop culture.

Are horror

movies in vogue? Are people listening to upbeat pop songs?

Read also:  Wait-and-see after the recent storm in the market

Each of these

things, according to Lampert, can offer a clue about the state of the nation

and therefore which way the market will go next.

 BLOOMBERG

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