Would a championship win for Phillies be a good thing for US economy?

Would a championship win for the Philadelphia Phillies be a good thing for the nation's economy?

US stocks
Photo: Bloomberg
Martine Paris | Bloomberg
1 min read Last Updated : Oct 25 2022 | 7:08 AM IST
Would a championship win for the Philadelphia Phillies be a good thing for the nation’s economy? 
 
The only times the team has won has been in the midst of economic chaos: the financial crisis of 2008 and the recession in the early 1980s. Prior to that, the Athletics, a former Philadelphia baseball team, won during the stock-market crash of 1929 and the Great Depression of 1930.

Weird economic indicators have become a favorite pastime of market watchers. These include indices that track everything from the hemlines of women’s apparel, to the underwear-purchasing habits of men, to the consumption of champagne and little luxuries like lipstick.

All eyes are now on the Phillies World Series win indicator.

Topics :USAUS economyUS recessioneconomy

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