Bloomberg: The Relationship Between Stock market Behavior and Affairs

Posted by Kendall Harmon

In the U.K., a Web site called...allows married people who are planning to play a few matches away from home to meet up with each other. It has at least 300,000 members, indicating that the British have more on their minds than just the work expenses of politicians and the threat of unemployment.

The Web site crunched its traffic and membership numbers and found that there was a big increase in both when there was a turning point in the FTSE-100 index, which measures the leading companies listed in London. When the market collapses, people plot affairs. And when the bulls rage, the same thing happens. When it is trading sideways, they stick with their partners.

“It has to do with people’s confidence levels,” says Rosie Freeman-Jones, a spokeswoman for the site. “When the markets are up, they think they can have an affair because they feel they can get away with anything. When the market hits the bottom, they are looking for a way to relieve the pressure.”

I happened to catch this because of a Bloomberg Television report this morning, it goes in the category of things of which I would not have thought.

I will take comments on this submitted by email only to at KSHarmon[at]mindspring[dot]com.

Filed under: * Culture-WatchMarriage & Family* Economics, PoliticsEconomyStock Market* International News & CommentaryEngland / UK* TheologyEthics / Moral Theology

Posted May 28, 2009 at 7:56 am [Printer Friendly] [Print w/ comments]
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