That's the conclusion of investment bank
Goldman Sachs analysts found "a clear pattern of outperformance by the wining team in the weeks after the World Cup final." Their conclusion is based on statistics since 1974.
However, they say the positive impact doesn't last long and the winning nation sees its stock market underperform by around 4 percent over the year following the final.
And the losing finalist country suffers an immediate "bout of the blues."
The 32-country World Cup kicks off in
Most Popular Stories
- GE Healthcare Bringing Jobs to Massachusetts
- James Foley Killer Could Be ID'd Via Social Media, Voice Recognition
- Faith Groups Divest From Fossil Fuels
- Apple Stock Bounces Back Big Time
- James Foley Beheading Video Is Real Thing: White House
- U.S. Existing Home Sales Rise 4th Month Straight
- Entrepreneur Contest Announced in Idaho
- Spiders Get Bigger, Reproduce Faster in Cities
- Dollar Tree Falls in Q2
- Family Dollar Will Stick With Dollar Tree