Finally the day which all of Bay Area and for that matter all of America was eagerly waiting is here. The biggest sports day of the year for America (bigger than Olympics) - Superbowl day is here! This year's Superbowl is special for many reasons:
- First time two brothers are head coaches of opposite teams dubbing Superbowl as HarBowl (as I predicted in my previous blog)
- First time a team (49ers has won 5 times) has a chance to match record of most Superbowl wins (currently held by Steelers with 6 Superbowl wins)
- First time a team (49ers) has a chance to have chance of perfect score by winning today's Superbowl - they have 100% record of winning Superbowl. Hence Quest for Six!
- First time an average cost for 30 second ad would cost close to $5 Million ($3.8 million for TV spot and over $1 million to produce the ad)
- There are many reasons but for Bayarea fans like us, 49ers playing in Superbowl is happening after 18 years. I remember last time it happened when I was just starting to know how this game is played (10 yards in 4 plays and so on) and was planning to return to India after short stint in USA.
There is one more reason for America wants 49ers to win today. Last time it won Superbowl in 1995, stock market was up by over 37%. Last time Ravens won Superbowl in 2001, stock market was down by 11%. So if you are investor and cares about stock market returns, make sure to root for 49ers win!
And looks like markets are already predicting 49ers win with DOW and S&P close to their all time highs with DOW most likely breaking that record next week and S&P breaking before Feb month end. What after that? Once these records are broken, markets would take a pause due to upcoming "budget fights" in DC. I won't be surprised if markets even go down by about 5% after breaking records. So enjoy the gains you may have had in your portfolios and watch for volatility in Q2. This weekend, I started watching "House of Cards" on Netflix - if you like politics, this series is for you. Great role by Kevin Spacey.
For now, have a great Superbowl game.
GO San Francisco 49ers!
/Shyam
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