Money with Murphy: Can the Super Bowl Predict the Stock Market? | Pacific Wealth Planning
Money with Murphy: Can the Super Bowl Predict the Stock Market?
Can the Super Bowl predict the stock market? The Super Bowl indicator was first introduced in 1978 by sports reporter Leonard Koppett, arguing that a win by a team from the NFC meant the stock market would likely go up that year. The indicator had an impressive success rate of 95% for more than thirty years. More recently, however, the indicator has had a much less convincing track record of predicting market moves, including the last two times that the Kansas City Chiefs won. Kara Murphy describes historical trends and highlights a new variable previously unaccounted for in Leonard Koppett’s analysis in this week’s Money with Murphy.