Professor: Super Bowl doesn't predict stock market
OMAHA, Neb. (AP) — Statistics from past Super Bowls suggest the outcome of the game might predict how the stock market will perform.
But Creighton University finance professor Bob Johnson says the connection between the Super Bowl and the stock market is bogus.
The so-called Super Bowl indicator supposedly predicts the stock market will finish the year higher than it started whenever a team from the original NFL wins. If a team from the former AFL, which became the AFC, wins, the market will be lower.
Johnson says the indicator appears to work 76 percent of the time since the first Super Bowl. But he says there's no real connection between the two.
So Johnson says no one should worry about their investments if the Baltimore Ravens beat the San Francisco 49ers this Sunday.