Clearly there is no causation here but there has been a distinct market trend after these impressive performances!

Answer: The stock market increases in value!

[Historically, the Dow Jones Industrial Average has had very strong returns following perfect games! The index has been higher a year later 81% of the time, with an average return of nearly 13%, according to Dow Jones Market Data.]

Questions:

1. Do you think pitching a perfect game in Major League Baseball can impact the stock market? Why or why not?
2. What is the difference between correlation and causation when looking at data?
3. What are some actual reasons that may cause an increase in the stock market's value?

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (Barron's):

"German's 99-pitch perfect game is the fourth in Yankees history, the most for any team. The Dow has gained about 2% so far in 2023 and is up roughly 9% over the past year. The whole baseball world is tipping its cap to German. If history is any guide, then perhaps Wall Street ought to as well."

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Want another MLB-focused Question of the Day? View Question of the Day: Which 5 MLB baseball teams have the highest team payroll?

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About the Author

Mason Butts

After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.

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