Charles Schwab
Weekend Reads for Investors: The Super Bowl Indicator
This weekend approximately half of US households will be watching the Denver Broncos and Seattle Seahawks compete in the 48th edition of the National Football League’s Super Bowl. It is typically a time when stock market observers cast seriousness aside and consider what the game’s outcome will mean for equity prices by examining the Super Bowl Indicator. First proposed in 1978, this theory holds that stocks will rise in the coming year if an original NFL franchise wins, but will fall if an old AFL team wins.
The Most Popular ETF Pitch Is Likely a Curve Ball
Proponents of ETFs are quick to point out the greater transparency, costs savings, diversification, and tradability that they offer relative to other investment products. However, tradability may offer some curve balls.