1. When Stock Prices Fall, Antidepressant Prescriptions Rise.
- Author
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Ward, Lisa
- Subjects
- *
PERSONAL finance , *STOCK prices , *STANDARD metropolitan statistical areas , *RATE of return on stocks , *PSYCHOTHERAPY - Abstract
A recent study highlighted in the Wall Street Journal found that when stock prices fall, the number of antidepressant prescriptions tends to rise, particularly among those nearing retirement. Researchers analyzed local stock indexes and found that a 12.8% drop in stock prices led to a 0.42% increase in antidepressant prescriptions. The study also noted that individuals aged 46 to 55 were most likely to seek antidepressant prescriptions during stock market declines. Additionally, the research showed a correlation between declining stock prices and an increase in psychotherapy visits, but no relationship with antibiotics prescriptions. The authors suggest that investors should consider their emotional well-being when making investment decisions during market downturns. [Extracted from the article]
- Published
- 2024