Buzzword: Superbowl indicator

Marketplace Staff Jan 26, 2007

Pigskin predictions bring us this week’s Marketplace Money buzzword–Superbowl indicator.

The superbowl indicator is a common Wall Street superstition. Supposedly, if one of the 16 original NFL teams wins the big game, the stock market goes up. If the winning team is a relative newcomer to the league, then stocks go down. Most experts find the theory silly, but boosters say it’s 80% accurate. And consider this, both of this year’s teams, the Indianapolis and the Bears were in the original NFL. So no matter who wins, it could mean victory for the market. Go stocks, woo hoo.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.