Question

The following are two stock market phenomenons:

1: A win by an original National Football League team—from the days when there was an NFL and an American Football League, before the 1966 merger pact—means the market will be up for the year. A win by a descendant of the AFL sends the market down. Teams created since the merger count for their conference, National or American. (It helps that Pittsburgh, though in the American conference, is an original NFL team, since it has won six times in “up” years.)

2: Every Soccer Wolrd Cup winner since 1974 has outperformed the wider market, the researchers said, with the exception of the 2002 tournament when Brazil’s victory was overshadowed by a deep recession. Stock markets for the final’s runner-up, meanwhile, tend to fall in comparison to global peers. A highly-unlikely success for England this summer could, however, be bad news for the economy. Having compared the team’s FIFA ranking against economic growth, Goldman finds that “the UK economy tends to do better when England’s football team is doing worse”.

What are the similarities and differences between these two effects?

Answer 1

Please find below similarities and differences in both case studios

Win by an original national football League team since when there was an NFL and American football league before the 1966 merger pact means the market will be up for the year and a win by descendant the AFL sends the market down.

Every Soccer world Cup winner since 1974 outperformed the wider market the researcher said with the exception of 2002 tournament when the Brazil's victory was overshadowed by a deep recession. Stock markets for the final runner-up tend to fall in comparison to global peers. On both the effect is for temporary with market returning to normality after few months.