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The Impact Of The World Cup On Stock Markets, In One Chart
What "harsh weather", aka completely unpredictable cold snaps and snow during the winter were to Q1 US GDP, which somehow cratered from an expected 2.5% increase to a -2.9% collapse (a $200 billion negative swing in the US economy due to weather, let that sink in for a second), the Brazil world cup may be to the stock market. At least that is the following chart from Bloomberg, highlighting the "World Cup Syndrome" shows.
According to ECB data, workers everywhere—even financial types—are paying more attention to the games than to their jobs. One way of measuring the global epidemic of distraction is to look at plunges in stock market trading volumes. The European Central Bank analyzed data from the 2010 World Cup showing significant drops in trading during all games. The effect was especially pronounced when the traders’ own country was on the field.
And consider this: this analysis was done in 2010 when people actually still traded, as opposed to merely central banks transacting with vacuum tubes. One can only imagine the absolutely cratering in trading volumes in late June and early July, not only thanks to a record low VIX but also as nobody really pays attention to rigged stocks any more when at least football provides a somewhat less rigged diversion.
We can't wait to find out how big is the cliff that bank revenues fell off in Q2 (and Q3) as their employees - largely oblivious to what happens to a "market" that is now purely on "up and to the right" autopilot - were much more focused on the action in the football stadium, where for now at least, there are no dark pools to ruin the fun.
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Sudden Debt, it's a cryin' shame your boys were messy against Messi.
The producers of the movie Tammy that opened so poorly this weekend blamed the numbers onm the world cup. I don't really think that this movies targeted demographic was so into watching costa rica play soccer in brazil. But hey any excuse is a good one theses days.
What movie Tammy?
y'know, the one where the fat bitch sucks (as an actress, no opinion on the other)
- Ned
The one with that WalMart fatass Melissa McFattie....the shit spewing one note female Chris Farley's coulda been sister.
That one....
Football?
High school Friday night, college on Saturday, NFL on Sunday (and Monday & Thursday nights).
Why does this effect volume?
I had to look that up. Sloppy fat with a crass attitude and non stop cussing. Is there anyone that really finds this attractive? People actually pay money to see this shit? I guess my decision to dump TV and movies was the right one.
What the hell is happening to women today? Are there any normal ones left? All I see are stick figure wanna be models trying to be accepted by the gay dominated fashion industry or ginormous lard asses strutting around in " skinny" jeans that look like 2 pigs fighting in a gunny sack from behind. It must be some type of collective mass hysteria.
Miffed;-)
that's funny, everywhere i look i see fine ass breedin stock that id love to bust a nut 8" deep in. where the fuck are you and what are you lookin at?
You're so full of shit! I workout every morning. I live blocks from the beach.
I see some idiot girls pushing strollers, some wanabe Mothers trolling, and a few well put together "true women" like miffed. I'll gladly provide pictures of my route.
It should look about the same as the UK and Italian ponzi GDP's next month.
Coke and Hookers Bitchez ~
Teach your children well....... listen to Jerry playing the pedal-steel in heaven....http://www.youtube.com/watch?v=BkAlr90k23Y
Thanks, been a long time since I heard that.
I did "teach my children well." They are self sufficient.
All the best to you and yours!
I tell you what Belgium, for all those UST you bought(with printed FRN's of course), we will allow you to beat us in the round of 16.
Yours truly,
'Merca
I'm sure that the flak-thang will have some cogent remarks about how climate influences this pussy sport.
don't cha' know
- Ned
;-P
[or not]
Low vol is bullish for markets, don't ya know. This was obviously bullish.
Yellen with the header....goooooooaaaaaaaal!
The overlords always have an excuse to help them push forward their agenda.
Pub quiz knowledge booster...
Q. Which was the only unbeaten team at the 2010 soccer world cup ?
A. New Zealand
(NZ had 3 pool game draws. Cup winner Spain lost a pool match)
I don't know about sporting effects on its tiny sharemarket, but volumes are probably down during big rugby games.
Reserve banking licence inspired asset prices means the place is just as fucked as anywhere else.
Fuckin World Cup
Showcasing......futeball
A bunch of real fit dudes running around, kicking a round ball, using fancy footwork, and running and running and fucking RUNNING....
...with hardly any scoring....at all.....I mean......ever....
THEN...
THE LEAGUE OF EXTRAORDINARY FLOPPERS
The dudes are better actors than Oliver on stage in London, for the love of Mike....FUCK! From sprinting one second, to lying supine, screaming and crying like a prison bitch.
The gay-ish Brazilian dude that got his back cracked the other day? Until they stretchered him out, I thought the fucker was faking....
..and when they DO score...it looks like the team mates want to fuck each other RIGHT THEN AND THERE! FUCK!
.....IF they score at all.....
Until 'Merica becomes more Latino (on Lunatic speed now), and more Muslim, this .........sport....will never....ever.....EVER...take the place of the NoFunLeague, Major League Beisball, Hooockey, or BasketBangerball of the NBoogieA
Really Fit? Like Marc Schumacher accidentally bouncing his cranium off of a rock?
I love Formula 1 racing.
Hero's are fallible my friend! If Not? Why do we need a Giant Light> Flashing a < BAT SIGNAL>?
Hey Yen, who's Marc Schumacher ;)
The highlights of a soccer game are usually when the camermen get bored and find the hot babe in the crowd.
http://blog.joins.com/usr/k/or/koreasanha/1006/4c1e661a28fd6.jpg
WB
just objectively speaking now (i dont give fuck about sports).... but soccer is for faggots. the only sport i'd spend money to watch is hockey
but i still prefer tennis, figure skating, volleyball, and gymnastics... then again, that's not for the sport...
Soccer is about as popular in the USA as the metric system. Quick, how many kg do you weigh?
These fucking worthless Norks are why I just want to TRY HARDER!