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How The World Cup Moves Stock Prices

Soccer Ball Image
Flickr/Sonny Abesamis
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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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Anita Rao is an award-winning journalist and the host and creator of "Embodied," a weekly radio show and podcast about sex, relationships & health. She's also the managing editor of WUNC's on-demand content.
Longtime NPR correspondent Frank Stasio was named permanent host of The State of Things in June 2006. A native of Buffalo, Frank has been in radio since the age of 19. He began his public radio career at WOI in Ames, Iowa, where he was a magazine show anchor and the station's News Director.