ONE GOOD READ: Rooting for the Phillies in the World Series? You might want to reconsider that choice

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Wall Street Journal: Hey, National League baseball fans. If you’re rooting for the Philadelphia Phillies to win the 2022 World Series, you may want to reconsider. It seems that in the past century, every time a Philadelphia baseball team has done well, financial markets have struck out, writes William Power for the Journal. “It started with the old Philadelphia Athletics (before they left town),” writes Power. “Their 1929 championship preceded the stock crash and Great Depression. In 1980, the Phillies won their first World Series, and a recession raged right through 1983, when the team again got to the final round and lost. The Phils won the World Series a second time in 2008, and boom: a home-run financial crisis.” The Phillies face the Houston Astros, who are favored to win the Series, which starts Friday in Houston. Mark Zandi, chief economist at Moody’s Analytics, told Powers that because the Phillies have won the World Series so few times, when they do, “It is clear something is off the rails in the cosmos.” As a Philadelphia native, he said he will cheer a Phillies championship, “but I will also be buckling in.”

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