Relationship between sports and markets?

(Originally posted on June 15th 2009)

Maybe my theory about the relationship between sports and financial markets is wrong.If this theory was true then the English markets should have opened higher when compared to the Australian and Indian markets considering that England beat the Indian team and Andy Murray won Queens. I probably am wrong about the degree of influence of sport on the financial markets. If I am wrong then I have no qualms about admitting it.

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