Kansas City Chiefs win Super Bowl – and that’s not good for the stock market at all (The Shareholder)

Kulmbach (www.aktiencheck.de) – The Kansas City Chiefs won the spectacular 57th Super Bowl against the Philadelphia Eagles and won the most important title in American football for the third time in their history, according to Andreas Deutsch from the investor magazine “Der Aktionär”.

The Kansas City Chiefs come from the American Football Conference and that’s not good for the stock market.

The Chiefs would have prevailed in a dramatic and high-class game 38:35. At the break, the Chiefs were still ten points behind at 14:24. The Eagles around the very strong quarterback Jalen Hurts are now one of only two teams that would have given up such a lead at halftime in a Super Bowl.

For the stock market, the Chiefs are the wrong winners. The National Football League (NFL) has been taking place according to today’s model since 1967. The league consists of two parts, called conferences, AFC and NFC, which used to be independent.

A journalist from the New York Times eventually noticed parallels between the outcome of the Super Bowl and the performance of the S&P 500 (ISIN: US78378X1072, WKN: A0AET0). The insight: If a team from the NFC wins, it will be a good stock market year, if the AFC team is successful, the prices will fall.

From 1967 to 2015, the Super Bowl indicator was wrong only nine times – that means a hit rate of 82%.

But there is hope for the bulls, because the indicator has been stuck in recent years. He has only been right once since 2016: in 2021 the Tampa Bay Buccaneers and thus a team from the NFC would have won the Super Bowl. The market grew strongly that year. (02/13/2023/ac/a/m)

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