Monday, January 22, 2007

Who'd Have Thought... all Seventh Federal Reserve District Super Bowl.

This is actually good news if you are a "follower" of the Super Bowl stock market indicator, the fact that we have two original NFL teams (the Colts were moved to the American conference after the merger of the AFL and the NFL) suggests that the stock market will end this year higher. Evidently when an original NFL team wins the big game, the market ends the year higher more frequently than not. Believe it or not, the success rate on this is somewhere around 80%. I personally wouldn't make this a basis for investing, but it is interesting. (See October 17, 2006 post on Mathematics and High School Economics.)

Yes, working at the Fed does somewhat alter your views of borders.

Posted by TSchilling at 1:27 PM Comments (0)

No comments: