So it’s 5 down, 3 up. More red than green. But once you look at the backdrop, the story is obvious: 2002 was still dealing with the aftermath of the dot-com bust, 2022 was hit by the Fed’s aggressive rate hikes, and that +9.2% in 1998 was simply the tech bull market doing its thing. The matches go on, but the market trades on its own logic. The World Cup is background noise, not the engine.
# $50 Billion in Bets! Is the World Cup “Curse” Real?

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