Market Insight: February's Third Largest Drop ever – Kind of…….
Submitted by ClearBridge Wealth Management on February 29th, 2020February 26, 2020
February 26, 2020
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January 31, 2020
One of the popular stock market axioms is the Super Bowl Indicator. Simply put, stocks historically have performed better when the NFC wins the big game versus the AFC winning. Taking it a step further, the S&P 500 gained 19% for the calendar year the five times the 49ers won the Super Bowl, versus flat the year the Chiefs won