401k down 10% from last year? Are you thinking about taking a bath on your investments or letting them ride? It just might be time to check out one of those cash for gold stores you see all over Philadelphia. Why? Because historically if the Phillies win the World Series the economy is heading towards the gutter:
Over the past 100 years, the surest sign of an oncoming financial crisis has been a Philadelphia based baseball team winning the World Series:
1929 – Athletics (Won WS)
1980 – Phillies (Won WS)
2008 – Phillies (Won WS)
2022 – Phillies (80-67, TBD)
— Morning Brew ☕️ (@MorningBrew) September 21, 2022
The fortitude of your 4-for-4 fans during the playoffs will be put to the test. On one hand the Phillies are winning the World Series, on the other you’re paying $4 a gallon at the pump. It’ll be a harder daily decision than contemplating whether they need another MyPillow for the guest room in between segments of Tucker. I say suck it up. We’re going to have a Red October. Isn’t it worth it to see Bryce Harper win World Series MVP? Noted Phillies fan Joe Biden is tanking the economy so you can enjoy a parade. If anything we should be thanking him!
Let’s Go Brandon (Marsh)!