Beyoncé's worldwide hit, Single Ladies (Put a Ring On It), is not just catchy - it may spell doom for international finance.According to findings by Phil Maymin, professor of finance and risk engineering at New York University, the more regular the beat on Billboard's top singles, the more volatile the American markets. After studying decades of Billboard's Hot 100 hits, Maymin found that songs with low "beat variance" had an inverse correlation with market turbulence. Which is to say, the more regular the song, the crazier the stock market.And Single Ladies is very regular. ... Some of history's steadiest hits - such as A-Ha's Take On Me - were released at times of market crash. Whereas complex songs, "with all these beat changes and stuff", seem to catch on when the markets are sedate."The correlation is pretty strong," Maymin argued. Weirder still, the beat variance of songs seems to predict the markets - not the other way around. According to his research, the market becomes unstable only after the charts are full of steady tunes - almost as if certain hits can cause market shake-ups."The turbulence of the music predicts the steadiness of the market," Maymin explained. And Beyoncé's chart dominance? Well, it may not mean good things for your pension.
Beyoncé's worldwide hit, Single Ladies (Put a Ring On It), is not just catchy - it may spell doom for international finance.
According to findings by Phil Maymin, professor of finance and risk engineering at New York University, the more regular the beat on Billboard's top singles, the more volatile the American markets. After studying decades of Billboard's Hot 100 hits, Maymin found that songs with low "beat variance" had an inverse correlation with market turbulence. Which is to say, the more regular the song, the crazier the stock market.
And Single Ladies is very regular.
...
Some of history's steadiest hits - such as A-Ha's Take On Me - were released at times of market crash. Whereas complex songs, "with all these beat changes and stuff", seem to catch on when the markets are sedate.
"The correlation is pretty strong," Maymin argued. Weirder still, the beat variance of songs seems to predict the markets - not the other way around. According to his research, the market becomes unstable only after the charts are full of steady tunes - almost as if certain hits can cause market shake-ups.
"The turbulence of the music predicts the steadiness of the market," Maymin explained. And Beyoncé's chart dominance? Well, it may not mean good things for your pension.
No its all in perfect working order. Any idiot can face a crisis - it's day to day living that wears you out.
First record: 1987. Biggest one-day crash ever. S&L Scandal. Second and Third records: '91. Recession. First single with new band released: End of '99. NASDAQ peaks at 5k shortly thereafter, and then drops about 4k of that.
2008: Chinese Democracy. Worst crash and recession since the Great Depression.
Where's my Nobel Prize? Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
So.Doomed. The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
Or maybe you can tell the economy is sucking because a song lamenting men who aren't giving women jewelry is a hit single.
Or maybe you can tell the economy is sucking because instead of facing our reality, we're listening to Beyonce.
Or maybe you can tell the economy is sucking because we have so little faith in economists to foresee the economic future, we're turning to pop stars for enlightenment on the subject.
There have been a rash of rabid bats flying into local apartments and infecting pets. I'm sure it is a sign the economy has not hit rock bottom yet. I mean, just look around you. It's pretty obvious there is a connection. Hello. ... Come, my friends, 'Tis not too late to seek a newer world.
