Music sentiment on Spotify is linked to the inventory market, examine reveals

What individuals are listening to in the meanwhile on Spotify is related to inventory market returns, in accordance with a examine within the peer-reviewed Journal of Monetary Economics.

The examine, revealed in August 2021, checked out positivity within the songs of the each day high 200 in 40 nations as a measure of temper in its residents. 

It discovered that a rise in constructive music sentiment was related to the next return within the inventory marketplace for that week and a decrease return for the following week.

Returns are measured in foundation factors, a share change in value of shares.

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