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Mark Hulbert: Daylight Saving Time Could Give Investors Some Sleepless Nights

TedTed
in Fund Discussions
FYI: Not looking forward to this weekend’s shift to daylight saving time?

You’re not alone. Here’s yet another reason to dislike it: the shift is likely to cause the stock market to struggle this coming Monday.

That is the implication of a study, “Losing Sleep at the Market: The Daylight-Savings Anomaly,” that appeared some years ago in the prestigious American Economic Review. The study found that stock market returns around the world are below-average on the Monday following shifts to daylight saving.
Regards,
Ted
https://www.marketwatch.com/story/daylight-saving-time-could-give-investors-some-sleepless-nights-2019-03-08/print

Comments

  • syzygy
    edited March 2019
    "The study found that stock market returns around the world are below-average on the Monday following shifts to daylight saving."
    Hulbert should have saved this article for a different occasion.
  • TedTed
    @syzygy: Mark subscribes the the stopped watch theory, that is it's right twice a day !
    Regards,
    Ted:)
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