Final note: Tiger disrupts trading
TEXT OF FINAL NOTE
KAI RYSSDAL: I’m not really sure what this talks to more — our celebrity-obsessed culture or the fact that Wall Street traders are a shallow and superficial bunch. A little bit of both, probably.
But our friends at Clusterstock.com posted a great chart from Bloomberg today, a minute-by-minute ticker of trading volume on the New York Stock Exchange.
When Tiger Woods started talking at 11 o’clock this morning trades hit their slowest pace of the day. The instant he stopped — 13.5 minutes of stalled trades cleared.
You can see the spike for yourself, click on the slideshow link above.
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