paulgorman.org

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Mon Oct 19 07:17:05 EDT 2015 Went to bed a little before eleven, slept very well, and woke up a little before seven. Sunny today and breezy, with a high of sixty-two. Saw a red-tailed hawk flying over 13 Mile on my way to work. Goals: Work: - Review invoices Done. - Deal with mail machine lease Tried. Can't get a hold of the Pitney Bowes guy. Home: - Work on 5e stuff Done. - Finish cleaning out old car Done, around sunset. Quite a nice evening out. I'll take one more pass before they tow it away. On a whim, I googled Michigan cabin rentals. Affordable $95 and up. I should rent a cottage for next summer. Walked at lunch. Damn windy at times. Little brown jobs could barely fly straight. Fewer than half the trees are mostly green now. Maybe ten or fifteen percent have lost all or most of their leaves. Questions: - What happened with the stock market where it started growing much more quickly beginning in the mid-nineties? If we where following historic growth (and I only have data from 1975 to today), we should be around 1500 today, but we're at 2000. Maybe the seventies were an aberration? It also seems like volatility has increased. http://stockcharts.com/freecharts/historical/marketindexes.html Hmm. Maybe it was the limitations of my '75 to present window. There was similar growth post-WWII. In fact, 1960 to the early eighties looks abnormally stagnant. In a hundred year context, the dot-com bubble doesn't look all that significant. https://en.wikipedia.org/wiki/Price%E2%80%93earnings_ratio

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