Making Money from the Weather, Part III

From a wonderfully deadpan new paper (Rain or Shine: Where is the Weather Effect?) by William Goetzmann at Yale on the impact of the weather on stock prices:

NYSE spreads widen on cloudy days.

I plan to overuse this factoid endlessly — and I’m at least as fond of the meteorological database spelunking that underlies it.

Related posts:

  1. Making Money from the Weather
  2. Making Money from the Weather
  3. Making Money the Moneyball way
  4. 2004′s Weather has Been Moved Due to Flooding
  5. The Economics of Weather