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A Nasty Traffic Jam Can Have a Nasty Effect on Your Investment Returns

Gridlocked roads make for miserable commuting traders, with their bad moods reflected in stock market performance, a research paper argues.

This article originally appeared at 08:00 ET on Real Money, our premium site for active traders. Click here to get great columns like this from Antonia Oprita and other writers even earlier in the trading day.

Want to make an almost sure bet on where stocks are going on a particular day? You could start by measuring the length of traders' commutes. At least that's what a recently published paper by two researchers from the University of Economics and Technology in Ankara, Turkey, shows.

The paper by Serkan Imisiker and Bedri Kamil Onur Tas has looked at the relationship between the morning rush hour traffic in London and the returns of the FTSE 100 index between 2006 and 2014. It found a "significantly positive" relationship between the average speed of vehicles at rush hour and market returns.

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