Talking Points: Markets, Holidays, Employment

Markets, Holidays, Employment

“Markets take the stairs up but the elevator down.” Anonymous

In 1836, Alabama became the first state in the U.S. to declare Christmas a legal holiday. In 1907, Oklahoma became the last. Southern Living

While other groups have recovered, employment among men 25 to 34 is still below pre-recession levels. Today, 86.1% of men in that age group are working, down 2 points since 2007- that is a decline in the labor force of 500,000 men. Bloomberg, February 23, 2018

“If past history was all there was to the game, the richest people would be librarians.” Warren Buffett

Almost 26 million Americans (or about 8% of the US population) say they’ve had a package stolen from a porch or doorstep during the holidays, according to a 2017 survey. Insurancequotes.com 

“The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic.” Jim Rogers

A 9-year-old boy successfully petitioned the town of Severance, CO to “authorize the manufacture and local use of a preferred weapon delivery system,” and legalize the throwing of snowballs. The council unanimously voted to overturn the 98-year-old ban on the use of missiles, which legally applied to snowballs. CBS, December 4, 2018

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Photo:Rodrigo Paredes