W

When a World Cup team loses, its country's stock market also goes down. Here's the weird reason why.

Business Management
Share
When a World Cup team loses, its country's stock market also goes down. Here's the weird reason why.

Soccer's premier tournament brings a hidden danger to your investment portfolio.

When a World Cup team loses, its country's stock market also goes down. Here's the weird reason why.

Source：MarketWatch

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

A Nasdaq-listed company may sell $450 million bitcoin, citing Binance hack and quantum fears

Next Technology Holding cited exchange security and quantum computing risks in authorizing sales or loans against its 5,833 BTC. It says none of the coins are…

Nvidia’s Megaspeed ties show potential blind spots in the U.S. effort to block China from accessing advanced chips

Nvidia CEO Jensen Huang’s business meetings are routine practice and existing U.S. export controls largely miss the cloud, experts say. Source：MarketWatch

These 10 megadonors have spent a total of $1 billion on the midterm elections

They’ve helped turn this year’s midterms into “the most expensive election cycle on record.” Source：MarketWatch

The $6.3 billion Binance hack paradox: Centralization made the hack possible, but also saved $3 billion

The Binance hack has revived debates about whether decentralization is the digital asset industry’s greatest security advantage or its biggest point of…

Source：https://www.marketwatch.com/story/the-weird-reason-why-a-teams-world-cup-loss-can-trigger-a-sharp-drop-in-stock-prices-ac385f51