How the Olympics Could Affect the Stock Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Olympics results can affect your investing—really. It’s another way that our moods get in the way of financial decisions.

Studies show that losses or sports events have an investing impact—another way that our moods can mess with financial success

China is enforcing a strict set of rules at the Winter Olympics to stop the spread of Covid-19. From a"closed-loop” system to a ban on shouting, WSJ explains how some of these restrictions will work, and why an outbreak could still derail competitions. Photo: Fabrizio Bensch/ReutersYou might want to avoid the stock market until the Winter Olympics ends on Feb. 20.

This is not as off-the-wall a recommendation as you might think. At least in academic circles it has been well known for 15 years that international sports competitions often lead to below-average global stock-market returns.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It can’t affect you if you don’t watch it.

BREAKING: “Welcome To 2022 CHINA's NeoCov” - According to Scientists in Wuhan, A Deadlier Coronavirus Found in Bats from South Africa, Is One Mutation Away From Infecting Humans, with A Mortality Rate Estimated Around 33% - Are The 2022 OLYMPICS SAFE? …

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Santoli: The bond market steals the show as January jobs data heats up rate hike speculationThis is the daily notebook of Mike Santoli, CNBC’s senior markets commentator, with ideas about trends, stocks and market statistics. I'm autistic with PTSD, suicidal depression, anxiety, and agoraphobia. I was denied SSDI after my ALJ hearing... I need help to survive.
Source: CNBC - 🏆 12. / 72 Read more »

Amazon helps stocks steady but prospects for rate hikes loom over marketsAsian equity markets fought for a footing on Friday, supported by an Amazon-led bounce in U.S futures, but oil's rise to a seven-year high kept traders on edge over prospects that interest rates will rise to curb global inflationary pressures.
Source: Reuters - 🏆 2. / 97 Read more »

Investors got ‘complacent’ owning Big Tech stocks: Market expertPenn Capital CIO Eric Green discusses volatility in the market.
Source: FoxBusiness - 🏆 458. / 53 Read more »