Web searches for money words anticipate market moves
Dow drops follow weeks when more people search Google for ‘debt’ or ‘stocks’
By Rachel Ehrenberg, 14:50 PM April 24, 2013
The jittery, sweaty-palmed fear of losing money in the stock market leaves a signature in Google search data. Upticks in web searches for finance-related words such as debt, stocks and portfolio are good indicators of an impending downturn in the market, a new study shows. People enter such search terms less frequently before market gains, researchers report April 25 in Scientific Reports.
The new analysis is in line with previous work demonstrating that the frequency of some Google searche...
Source URL: https://www.sciencenews.org/article/web-searches-money-words-anticipate-market-moves?mode=magazine&context=4553