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10min chapter
A trucker hat mystery, the curse of September and other listener questions
Planet Money
The Curse of September and the Slowdown in Stock Market Reaction
This chapter explores the phenomenon of the 'curse of September' in the stock market and discusses how the stock market reacts differently to good news and bad news. It also delves into the global holiday effect that causes a slowdown in the stock market's response during the summer. The chapter transitions to discussing the outdated and slow system of money transfers in the US and introduces the new instant payment system called FedNow.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode