Spotify listening trends are reflected in the stock market

  • For example, if a high consumer confidence index sees the stock market rise, this doesn’t necessarily suggest emotions directly affect the stock market.
  • Linking our sentiment measure with the stock markets, we find that higher music sentiment is associated with higher returns to a country’s stock market during the same week.
  • We do not suggest investors should calculate music sentiment and use it to predict the stock market.
[Via]
Total
0
Shares

Sign Up for NextBigWhat Newsletter

Daily.