Rock Music Rocks Stocks

Okay all you Rock Star Leaders out there – get a-load of this! USATODAY reported on November 17, 2009:

“Sex, drugs, rock ‘n’ roll — and the stock market? [S]ome academics and analysts are wondering if trends in pop culture might provide more accurate clues of where stocks are heading.”

This idea is that America’s “mood swings” determine not only what music we listen to, but if we want to buy or sell stocks!

“When people are in a collective good  mood, for instance, they tend to listen to bubble-gum-pop music with a steady happy beat.” Think back to January 2000, when the market was waaaay up, boy bands, Ricky Martin, Christina Aguilera, and the Carlos Santana/Rob Thomas smash hit, Smooth, were tops.

“Conversely, when they’re in a funk, people gravitate to music with dark, complex tones and themes.” No wonder that Linkin Park’s Minutes to Midnight peaked as stocks began to tumble in 2007, AC/DC hit #1 on the Billboards charts in 2008 — even the Sex Pistols got back together during the 2007 Dow slide!

“The connection of music, stocks and mood is more than coincidence,” said Philip Maymin, professor of finance and risk engineering at New York University Polytechnic Institute, who studied the “beat variation” of music during market tops and bottoms.

So what’s the message, here, for Rock Star Leaders? Perhaps a rousing chorus of Livin La Vida Loca?!

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Barry Zweibel is president of GottaGettaCoach!, Inc.
He can be reached at
info@ggci.com.

Image Source: hipsotry.com, i.ehow.com

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~ by Barry Zweibel on November 17, 2009.

2 Responses to “Rock Music Rocks Stocks”

  1. […] This post was mentioned on Twitter by Tom Schulte, Barry Zweibel and Freddy Tulo, Adam Sandler. Adam Sandler said: Rock Music Rocks Stocks « RockStar Leader: Think back to January 2000, when the market was waaaay up, boy bands.. http://bit.ly/3i2Pyi […]

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