Scott Sheppard
October 31, 2022
Money Economy CommentaryTactical Growth Strategy - Weekly Briefing
Some of us spend a tremendous amount of time analyzing charts, economic reports, and even Federal Reserve Meeting Minutes trying to get even the slightest edge on the markets... or am I the only geek?
However, I did read something other than charts and numbers this week, as there was a little bit of ESPN in the mix. As you may know, it is World Series time, and the Philadelphia Phillies are taking on the Houston Astros. 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 – won World Series
1980 – won World Series
2009 – won World Series
2022 – ongoing best of seven World Series
Tonight the series swings back to Philly and it’s tied 1-1. I’m not about to make any investment decisions for you based on the outcome of some sporting event, but let’s pull for the Astros...just to be safe.