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Rumor Mill News Reading Room, Current Archive

Does The Patriot Superbowl Win Signify Economic Decline? At Least One Indicator Has An 80% Track Record For 48 Years..

Posted By: Watchman
Date: Monday, 2-Feb-2015 09:46:35
www.rumormill.news/9799

Does the Patriot win signify a losing year for the markets? It seems that at least in 80% of the years where a team from the AFC wins the super bowl the market suffers financial loss for the year.

It certainly would seem that with all the economic greasing of the skids that has been done since December, a downward slide toward the cliff for the coming year would be a no-brainer.

DEFINITION of 'Super Bowl Indicator'

One economic indicator is based on the belief that a Super Bowl win for a team from the old AFL (AFC division) foretells a decline in the stock market for the coming year, and a win for a team from the old NFL (NFC division) means the stock market will be up for the year.

INVESTOPEDIA EXPLAINS 'Super Bowl Indicator' ( http://www.investopedia.com/terms/s/superbowlindicator.asp )

"Though historically speaking the Super Bowl indicator boasts an 80% accuracy rate, remember the old maxim: correlation does not imply causation. In 2008, despite the New York Giants (NFC division) winning the Super Bowl (indicating a Bull Market), the stock market suffered one of the largest downturns since the Great Depression. Though the indicator is an interesting take on predicting the stock market, by no means should the correlation dictate an individual's portfolio construction."

Some Worldwide Economic skid links:

http://www.telegraph.co.uk/finance/economics/11383728/UK-manufacturing-bounces-back-as-factory-costs-tumble.html

http://in.reuters.com/article/2015/02/02/us-global-economy-idINKBN0L60AT20150202

http://realmoney.thestreet.com/articles/02/01/2015/worry-about-deflation-not-inflation

http://www.ft.com/intl/world

And finally, the Baltic Dry Index (Definition here--https://en.wikipedia.org/wiki/Baltic_Dry_Index )is down 45 percent during the past 12 months and of that, down more than 22 % since 1 Jan, 2015.
http://www.bloomberg.com/quote/BDIY:IND/chart



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Articles In This Thread

Does The Patriot Superbowl Win Signify Economic Decline? At Least One Indicator Has An 80% Track Record For 48 Years..
Watchman -- Monday, 2-Feb-2015 09:46:35
On a different note, did we see the game being "thrown" with that interception?
MrFusion -- Monday, 2-Feb-2015 10:24:40
On Another 'Slant'----
Watchman -- Monday, 2-Feb-2015 10:50:41

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AN EXPLANATION OF THE FACTIONS