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Rob Isbitts

Forget the Fed: Why the Knicks Winning the NBA Finals Could Be the Biggest Downside Catalyst for the S&P 500

Knicks NBA NBA Finals the New York Knicks Rob Isbitts Stock Market United States

We’re always in search of the “ultimate” macro catalyst.

Analysts spend endless hours parsing Federal Reserve meeting transcripts, tracking credit spreads, and charting the path of the 10-year Treasury note to guess the next major move for the S&P 500 Index ($SPX). Heck I do most of those things on a regular basis!

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