On my way to tennis this morning, I was listening to NPR and caught the end of an interesting conversation on an alleged correlation between the Super Bowl winner and the stock market. However, I didn’t catch the name of the professor who had done such a study.
Curious as to how my stocks will be doing after tonight’s Super Bowl, I “Googled” the subject and hit the jackpot.
The professor is finance professor George Kester at Washington and Lee University.
In an article on Newswire.com, we learn that the professor has authored a study that shows that, over the course of the event’s 43-year history, the Super Bowl winner has correctly predicted whether the market will go up or down 77 percent of the time.
Here’s what the Super Bowl Market Predictor maintains:
If the team that wins the Super Bowl has its roots in the original National Football League, the market will increase. If the winning team was originally from the old American Football League, the market will decline.
As so happens, the Saints are in the NFL today, and the Colts are in the AFL today, too.
I don’t know enough about professional football (see my “Texas Aggies, Dallas Cowboys and Fútbol Americano”) to know where the teams played “originally,” but where they are now is good enough for me.
Also, I don’t put too much credence in such “predictions.”
However, just in case the Professor is right, my money and my hopes are on the Saints tonight.
Now, before you call your stockbroker (or your bookie), please read “Super Bowl Stock Market Predictor Still a Winner, According to Professor,” as there are some additional factors, intricacies and “wrinkles” involved in the Super Bowl Predictor, and I wouldn’t want our readers to just take my word for it.
Finally, since both New Orleans and Indianapolis rooted in the old NFL, no matter who wins tonight, it appears that investors will do well—and, boy, do we need a stock market win.
Talk about a “win-win-win” Super Bowl!
For the record, Super Bowl Predictor or not, I would have rooted for the Saints
The author is a retired U.S. Air Force officer and a writer.