Thursday, 30 April 2015

Study: Electricity usage can predict stock market

POLITICAL ECONOMY
Study: Electricity usage can predict stock market
South Bend, Ind. (UPI) Apr 27, 2015 - For many, predicting future stock prices seems like little more than rolling the dice. But it turns out, something as simple as electricity use can anticipate next year's returns. According to researchers at the University of Notre Dame, industrial electricity use is negatively correlated with the following year's stock returns. "For example, if the industrial electricity usage t ... more


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