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.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.