How the Super Bowl Indicator is An Exercise in Randomness

How the Super Bowl Indicator is An Exercise in Randomness

Some say there is actually a difference in the performance of the stock market based on which team wins the Super Bowl. Have you heard this one before? Individuals are making financial predictions and decisions based on this particular sporting event. It’s an interesting topic that has been kicked around (pun intended) for many years. Let’s take a look at this phenomena as we approach Super Bowl LIII (or if you skipped Latin in high school, Super Bowl 53).

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Oil Prices: An example of Market Indicator or of Market Randomness?

There is plenty of discussion as to what has been happening with oil prices. When the cost of a barrel of oil sank from $76 to under $50 in October 2018, a cacophony of thoughts, theories, and predictions from investors began to fly. What was going on? Are we heading towards a sluggish economy? Are we making more oil? Less oil? The Farmer’s Almanac is calling for a mild winter season. Is that it?

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Yanny, Laurel, your Mind, and Money

Our mind will play tricks on us if given a chance. We are bombarded by stimuli every day, and our brains often use shortcuts or heuristics to cope with the complexity of our environments. Shortcuts that prove harmless most times may,  when applied to our finances, create unfavorable financial outcomes.  If you’ve heard the Yanny/Laurel recording, then you’ve experienced this phenomenon firsthand.

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