By Nicole Lyn Pesce October 27, 2022
The Philadelphia A’s won the 1929 World Series just a couple weeks before the Wall Street Crash of 1929 on Oct. 28.
The day the Philadelphia Phillies won the 1980 World Series coincided with the early 1980s recession. But it should be noted that the U.S. economy had entered recession in January 1980.
The Phillies won the World Series again during what’s come to be known as the Great Recession. Although, again, the Great Recession began earlier in 2007.
— Art Hogan, chief market strategist at B. Riley Wealth Management
— Hogan