# Prof. Lawrence White discusses the impact of Japan's election on financial markets

1 Faculty News October 1, 2013 ![BBC Capital logo](/sites/default/files/styles/246w/public/assets/images/con_042627.jpg?itok=FVqJkPfR)>

Excerpt from [BBC Capital](http://www.bbc.com/capital/story/20131001-profits-or-poor-house) -- "'With an election, there's a lot of anticipation ahead of time,' said [Lawrence White](http://www.stern.nyu.edu/faculty/bio/lawrence-white), professor of economics at New York University's Stern School of Business. 'Markets try to anticipate elections by looking at the polls and trying to anticipate the consequences of the future.'"

[Read more](http://www.bbc.com/capital/story/20131001-profits-or-poor-house)