Sunday, October 21, 2007
Black Monday
Friday, October 19, 2007, was the 20th anniversay of Black Monday, October 19, 1987, when the stock market (NYSE: New York Stock Exchange, is what we usually mean by "stock market") took, to be polite, a dip.
The Stock Market under Democratic & Republican administrations:
President Party Date Months in Office Annualized Stock Return
Truman D 11/48-10/52 48 18.28%
Eisenhower R 11/52-10/60 96 14.96%
Kennedy D 11/60-10/63 36 15.15%
Johnson D 11/63-10/68 60 10.39%
Nixon R 11/68-7/74 69 -1.32%
Ford R 8/74-10/76 27 17.21%
Carter D 11/76-10/80 48 11.04%
Reagan R 11/80-10/88 96 15.18%
Bush R 11/88-10/92 48 14.44%
Clinton D 11/92-10/00 96 19%
Bush, G.W. R 11/00-2/06 63 -0.92%
Average from 1948 to Feb. 2006
Democrat 42.8% 15.26%
Republican 57.2% 9.53%
Overall 100% 11.95%
Source of this table: http://finance.yahoo.com/columnist/article/futureinvest/3022
Monday, October 15, 2007
French GDP per hour worked as a percentage of US GDP per hour worked since 1960
Perhaps the French were very lazy in the 60's, or spending too much time drinking wine and having sex, or busy revolting. Anyway, they seem to have finally gotten their act together and now appear to be beating the US at productivity as though this country was a rented mule. Or do I have that backwards?
Sunday, October 14, 2007
Arctic Sea Ice
This seems like an approriate time to mention Al Gore and his books...
- Earth in the Balance: Ecology and the Human Spirit
An Inconvenient Truth: The Crisis of Global Warming
The Assault on Reason
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