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.