Did you know the change we are about to experience on Sunday morning can have a remarkable affect on investment? This is what psychologist Lisa Kramer observes in this piece. She writes:
In the language of financial economists, an increase in anxiety translates into greater reluctance to bear financial risk (or greater risk aversion). If investors wake up on the Monday following the time change feeling more anxious (and more risk averse) than usual, they may be less willing to buy risky stock and could even consider selling the stocks they already own. With many investors simultaneously experiencing such a shift in their sentiment , the result is often a drop in stock markets on the Monday following the time change.
