HAPPY LABOR DAY!

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This Labor Day weekend, FinTrust will be a house divided as #2 Clemson and #5 Georgia line-up for the football season opener. The Athens office will be barking loudly for the Dawgs and hoping the late, great, Leonard’s Loser will smile down on them with some old-time hometown bias, as the betting lines currently favor Clemson. Meanwhile, the Anderson and Greenville offices will be mostly All-In on Clemson, except for the Carolina fans of both the Garnet and Blue varieties.

Jag challenged the investment team to calculate ticket price inflation, as he still holds a $2 ticket stub from the 1937 Georgia-Clemson game. The face value of the ticket for 2021 ranged from $100-$300. If we use the upper deck prices, then the 84-year inflation rate checks in at 4.7%. Unfortunately, we doubt the 1937 stadium had an upper deck, so we are forced to use the $300 face value ticket and report that ticket price inflation between 2021 and 1937 has checked in at 6.1% per year.

Go Tigers and go Bulldogs, and to everyone, we hope you enjoy the holiday weekend!

Our offices will be closed on Monday, September 6th, 2021, in observance of the Labor Day holiday. We will resume normal business hours on Tuesday, September 7th, 2021.

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