{"id":648,"date":"2008-06-06T08:26:46","date_gmt":"2008-06-06T12:26:46","guid":{"rendered":"http:\/\/www.geneveith.com\/big-brown-and-the-economy\/_648\/"},"modified":"2008-06-06T08:26:46","modified_gmt":"2008-06-06T12:26:46","slug":"big-brown-and-the-economy","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/geneveith\/2008\/06\/big-brown-and-the-economy\/","title":{"rendered":"Big Brown and the Economy"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><head><meta http-equiv=\"content-type\" content=\"text\/html; charset=utf-8\"><meta http-equiv=\"content-type\" content=\"text\/html; charset=utf-8\"><\/head><body><p>Where superstition, gambling, and the stock market intersect:  According to this article, <a href=\"http:\/\/www.financialpost.com\/story.html?id=566280\" class=\" decorated-link\" target=\"_blank\" rel=\"nofollow\">Big Brown victory may spook markets<\/a>, 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.<\/p>\n<p>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.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1281,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,43],"tags":[],"class_list":["post-648","post","type-post","status-publish","format-standard","hentry","category-economics","category-sports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Big Brown and the Economy<\/title>\n<meta name=\"description\" content=\"Where superstition, gambling, and the stock market intersect: According to this article, Big Brown victory may spook markets, whenever a horse wins the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.patheos.com\/blogs\/geneveith\/2008\/06\/big-brown-and-the-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Big Brown and the Economy\" \/>\n<meta property=\"og:description\" content=\"Where superstition, gambling, and the stock market intersect: According to this article, Big Brown victory may spook markets, whenever a horse wins the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.patheos.com\/blogs\/geneveith\/2008\/06\/big-brown-and-the-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"Cranach\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/cranachblog\/\" \/>\n<meta property=\"article:published_time\" content=\"2008-06-06T12:26:46+00:00\" \/>\n<meta name=\"author\" content=\"Gene Veith\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gene Veith\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/2008\/06\/big-brown-and-the-economy\/\",\"url\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/2008\/06\/big-brown-and-the-economy\/\",\"name\":\"Big Brown and the Economy\",\"isPartOf\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/#website\"},\"datePublished\":\"2008-06-06T12:26:46+00:00\",\"dateModified\":\"2008-06-06T12:26:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/#\/schema\/person\/f9ca8670bcc51908a78994c0484dbfa1\"},\"description\":\"Where superstition, gambling, and the stock market intersect: According to this article, Big Brown victory may spook markets, whenever a horse wins the\",\"breadcrumb\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/2008\/06\/big-brown-and-the-economy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.patheos.com\/blogs\/geneveith\/2008\/06\/big-brown-and-the-economy\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/2008\/06\/big-brown-and-the-economy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Big Brown and the Economy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/#website\",\"url\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/\",\"name\":\"Cranach\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/#\/schema\/person\/f9ca8670bcc51908a78994c0484dbfa1\",\"name\":\"Gene Veith\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/054d79faea5d476edd8f99e5f14fb17f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/054d79faea5d476edd8f99e5f14fb17f?s=96&d=mm&r=g\",\"caption\":\"Gene Veith\"},\"description\":\"Gene Edward Veith, Jr. is a writer and retired literature professor, serving as Provost Emeritus at Patrick Henry College. 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