Forget a broker, invest based on the Super Bowl results

Posted by & filed under Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: In fewer than two weeks, the two best teams in the National Football League will face off in New Orleans for Super Bowl XLVII. The winning team will receive the Lombardi Trophy, along with rings, hats, T-shirts and perhaps even a victory parade in its home city.But could the outcome also tell investors what’s going to happen to the U.S. stock market over the next 12 months, allowing them to invest accordingly? That’s exactly what some economists say will happen – and has been happening since 1967.

Source: SmartPlanet.com

Date: Jan 23, 2013

Link:  http://www.smartplanet.com/blog/report/forget-a-broker-invest-based-on-the-super-bowl-results/1088?tag=nl.e662&s_cid=e662

Questions for Discussions: 

  • Explain the basis of the co-relations between the future stock market performance and sports events like the SuperBowl.
  • What do you think explains this co-relationship?
  • Would you invest according to this co-relationship?

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