Big Brown and the Economy

Where superstition, gambling, and the stock market intersect: According to this article, Big Brown victory may spook markets, whenever a horse wins the Triple Crown, the stock market plunges for the rest of the year. However, when a horse that wins the Kentucky Derby and Preakness (as Big Brown has done so far) but LOSES the Belmont Stakes (to be run on Saturday), the market goes up.

So cheer for anyone but Big Brown. But if he wins, sell everything you have in the market, which, if everyone does it, would create a self-fulfilling prophecy.

"Now we have a Demonicrat congressman advocating shooting President Trump.When asked what could be done ..."

Melding Politics, Social Media, & Psychological ..."
"I would say, most of the time it seems odd to say that any person ..."

What Is Religion, Anyway?
"If they cared about children they'd find a way to stay open without government money.You'll ..."

Shutting Down Faith-Based Adoption Agencies
"Left out of the Cranach column, it now seems that Demonicrats had previously been allowed ..."

Melding Politics, Social Media, & Psychological ..."

Browse Our Archives

Follow Us!

What Are Your Thoughts?leave a comment