Market verbs and market performance
Visiting the New York Times homepage has become rather predictable over the last few weeks. The only question: will the headline scream that the markets are soaring or plummeting?
With the anniversary of Black Monday near (and the prospect of another such Monday looming), I got curious about what financial headlines have been like over the past few decades. The Times search links are amenable to reverse engineering, so I was able to get 23,372 headlines mentioning stocks, markets, dow, nasdaq, from October 13, 1981 to October 13, 2008. This seems like a large enough data set to explore the question, What have the markets been doing since 1981 — or, more accurately, what has the Times been saying that the markets have been doing?
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