The State of Things
12:33 pm
Fri July 11, 2014

How The World Cup Moves Stock Prices

Credit Flickr/Sonny Abesamis
Finance professor Diego Garcia talks about his research

    

As the 2014 World Cup draws to a close, all eyes are on Brazil. Historical data shows the effects of this tournament may go far beyond the walls of the stadium.

A research team examined 30 years of results from The World Cup, The European Championship and Copa América. Their work shows stock prices may fall when a nation’s team is defeated. 

Host Frank Stasio talks with finance professor Diego Garcia from the University of North Carolina at Chapel Hill about the findings. 

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