Why investors should ignore Olympics-effect

How good were the Olympics? Awesome I'd say. Did it make you want to invest in China? No, me neither...

How good were the Olympics? Awesome I'd say. Did it make you want to invest in China? No, me neither. It did amuse me when the boss of General Electric, which owns NBC tv in the States, said Michael Phelps had helped the station achieve very high advertising volumes. 'We're thinking of making him a VP (vice president),' he joked. How long before a few British companies use the Chris Hoy and Rebecca Addlington factor? Except of course over here, Gordon Brown went a bit further and let it be known he was going to give a gong to loads of our medal winners in a desperate attempt to make h...