According to a study out of The Rady School of Management at the University of California San Diego, there’s a strong connection between daily stock returns and hospital admissions. The research found that hospitalizations — especially those for psychological conditions like anxiety and panic disorder — rise on days when shares fall.
University of California San Diego finance professor Christopher Parsons led the study and presented the findings at the annual meeting of the American Economic Association earlier this month. He joins Marketplace Morning report David Brancaccio to discuss.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.