Investment pros often talk about noise in a market — the intraday fluctuations of stocks, bonds or other instruments that clutter up both established and emerging trends. But no one ever talks about music in a market.
At least not until now.
"Playing the Market," a new CD released March 2, translates data such as stock returns, trading volume, interest rates, unemployment rates, government debt and consumer confidence into experimental music. The CD, created by a group of musicians, scientists and technology experts who call themselves Emerald Suspension, was released by Oscillation Productions LLC, Minneapolis.
"It's experimental music in the truest sense of the word," said Troy Curtis, producer of the project. "It gets as close as possible to the true sense of the data. If there's a lot of chaos in the market, the music should sound chaotic. If it's relatively calm, the music should reflect that."
The project was about two years in the making. Tracks include "Industrial Century," which is based on 100 years of daily stock market data; "Irrational Exuberance/Great Depression," based on historical patterns of the consumer confidence index; and "Long Bond," a string solo based on the pattern of interest rates measured by historical yields of 30-year U.S. Treasury bonds.
More information is available at www.playingthemarket.com.