MONDAY, April 14 (HealthDay News) -- New research out of Britain finds that financial traders who wake up with high levels of the male hormone testosterone tend to make more money that day, probably because they feel more daring.
On the flip side, traders with higher levels of the stress hormone cortisol tend to be more cautious.
"We think that, during bubbles, traders are experiencing extremely high levels oftestosterone, and this is affecting not only their judgment, but the ability of monetary policy to control bubbles," said study author John Coates, a research fellow at Judge Business School and the department of physiology development in neuroscience at the University of Cambridge in Britain. "Alan Greenspan spent most of his career trying to stop a bubble and never succeeded. (Full Story at bw)
They don't ever say anything should be changed. It is interesting to know, though, that since our markets are largely driven (traded) by young/middle age men it creates an aggressive market. What would it look like and function if it was largely traded by women?
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