Why you ask? Please let me explain. If you hold investment or retirement accounts you may not know or have ever heard of this prediction but if you wanted the Los Angeles Rams to come from behind and win the Superbowl last night you were helping your investment accounts . Because the statistics indicate that the alternative could be ugly?
You see there’s this thing on Wall St. known as the “Superbowl Indicator”. Some statistician derived this notion and discovered that a correlation exists between the team that wins the Superbowl and how the U.S. stock market performs for the remainder of that year.
“First observed in 1978 by Leonard Koppett, a sportswriter for The New York Times, the Super Bowl Indicator suggests that the market will be greatly affected depending on whether the NFC or AFC wins the big game.”
Explained: If a team from the original National Football Conference (NFC) prior to the merger that created the NFL wins the Superbowl then the stock market has a 75% likelihood of a positive return by the end of that year. However, if a team from the original American Football Conference (AFC) wins the Superbowl then the U.S. stock market has a 75% chance of posting a decline in the same year. The Cincinnati Bengals are an AFC team that formed after the merger of the NFC and the AFC which created the NFL.
There are no shortages of superstitions out there, so best to take them with a grain of salt… maybe sprinkle some fried Bengal on it? Mmmm – tasty! 🙂
LMAO, BTW, I was picking the Rams. Mathew Stafford got a much deserved ring!
Yes me as well. Glad he got one before his career ends. Plus he’s a Dallasite as well. (Don’t ask me if just because the Rams won that means the U.S. stock market is going higher, that it’s now healthy?) LMAO!