How The World Cup Moves Stock Prices

By Anita Rao,

Published July 11, 2014 at 12:33 PM EDT

As the 2014 World Cup draws to a close, all eyes are on Brazil. 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 Am茅rica. Their work shows stock prices may fall when a nation鈥檚 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

Anita Rao is an award-winning journalist, host, creator, and executive editor of "Embodied," a weekly radio show and podcast about sex, relationships & health.

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Frank Stasio

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 瓜神app Director.

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