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New study links stock markets to performance of national teams

Study analyzed 1,162 football matches played across 39 nations. On average, losses were associated with a stock market performance that was 38 basis points (slightly more than a third of a percentage point) worse than normal.

Report: "The study seems to chime with other surveys which found that increases in heart attacks, murders, suicides and riots are associated with sporting defeat."

Also: A loss is more crushing to sentiment than a win is helpful.

November 30, 2005 06:15 PM | Link

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