Question of the Day: Over the past 100 years, the surest sign of an oncoming financial crisis has been what MLB baseball team winning the World Series?
This team is still alive in the MLB playoffs, but does anyone really want them to win?
Answer: Philadelphia Phillies
Questions:
- What is a recession and what might cause them?
- What are some historical recessions and how did they impact the country or world?
- Do you think the connection between recession and the Phillies winning the World Series is a correlation or causation? Why?
Behind the numbers (Philly Today):
"It’s easy for us to think back to 2008 when the city was absolutely blissful after the Phillies won the World Series. And then back to 1980, when the Phillies won the World Series against the Royals, as about 66,000 people watched the final matchup (game six) from their seats in Veterans Stadium.
Alas, the witty finance-focused outlet Morning Brew may have a reason why this Phillies World Series business could be bad for the country. Nay, the entire world."
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Dig deeper with the NGPF Data Crunch: Are Stocks a Risky Long-Term Investment?
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About the Author
Mason Butts
After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.
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