07 February 2008

Fun Economic Indicators

The Big Picture discusses The Ticker Tape Parade Indicator:
  • The NY Giants won their first Super Bowl in 1987; the Great US Stock Market Crash appeared later.
  • The NY Giants won their second Super Bowl in 1991; the last US full-blown recession appeared; money center banks barely avoided the abyss.
  • Before yesterday, the last NYC ticker-tape parade was 2000 (Yankees); the Great US Stock Bubble burst.
  • The NY Giants won their third Super Bowl in 2008 and received a ticker-tape parade; head to the caves! Take it for what you will.

Me, I'm buying canned goods and bottled water.

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