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The great 1960s bowling bubble was so awesome
Quartz ^ | 3/28/14 | John McDuling

Posted on 03/28/2014 11:30:40 AM PDT by Oliviaforever

There’s a reasonable amount of conjecture in the markets right now about whether things are getting a bit overheated. Wiser minds than us have been vexed by the topic of asset price bubbles, so we’ll leave that to one aside.

But the current discussion about market conditions still led us to stumble upon what is surely one of the most interesting periods of market euphoria in America’s history: the 1961 boom (and subsequent bust) in ten-pin bowling stocks. (Hat-tip to Reuters, which highlighted the bowling bubble in its analysis this week).

(Excerpt) Read more at qz.com ...


TOPICS: Business/Economy; Conspiracy; Hobbies; Music/Entertainment
KEYWORDS: bowling

1 posted on 03/28/2014 11:30:40 AM PDT by Oliviaforever
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To: Oliviaforever

An interesting, fun, and kinda off-the-wall subject.

Thanks for posting it.


2 posted on 03/28/2014 11:43:51 AM PDT by ForYourChildren (Christian Education [ RomanRoadsMedia.com - a classical Christian approach to homeschool])
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To: Oliviaforever

I’ve long thought that the basements of bowling alleys would be a good place for server farms.


3 posted on 03/28/2014 11:53:13 AM PDT by Steely Tom (How do you feel about robbing Peter's robot?)
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To: Oliviaforever

Bowling. The only sub-economic sport.


4 posted on 03/28/2014 11:53:29 AM PDT by BBB333 (Q: Which is grammatically correct? Joe Biden IS or Joe Biden ARE an idiot?)
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To: ForYourChildren

It’s a good article in that there is a great deal of insight as how the state of the economy and American industrialism can be linked to bowling. Bowling reached its peak when a large number of Americans were employed in industrial working class jobs and fell as factory jobs and such left the United States.


5 posted on 03/28/2014 11:55:44 AM PDT by Oliviaforever
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To: BBB333

“Bowling. The only sub-economic sport.”

Bowling is not a sport as you an drink and smoke while bowling.

And that brings another aspect of the demise of bowling that should be examined and that would be the impact of municipal smoking bans on bowling alleys.


6 posted on 03/28/2014 11:58:10 AM PDT by Oliviaforever
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To: Oliviaforever

I remember 1950’s TV in Kansas City. The sports on at the time always seemed to begin with “B”. Bowling, Boxing, Barrel Jumping, Bull Riding, Bronco Riding and Bicycle Racing around sloped wooden tracks.


7 posted on 03/28/2014 12:00:30 PM PDT by Starstruck (If my reply offends, you probably don't understand sarcasm or criticism...or do.)
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To: Oliviaforever
The boom was big enough that AMF bought Harley Davidson in 1969. Now I don't know if the bowling craze fueled AMF with enough cash to buy Harley, but it sounds good.

I see a similar boom-bust in Golf due to Tiger Woods.

8 posted on 03/28/2014 12:01:41 PM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: Oliviaforever

“Bowling is not a sport as you an drink and smoke while bowling.”

You never been to one of my men’s league ice hockey games.


9 posted on 03/28/2014 12:01:55 PM PDT by EQAndyBuzz ("Heck of a reset there, Hillary")
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To: Oliviaforever
You can add draconian DUI laws. I say draconian when one beer can get you jailed. The unintended consequences are that we have become a country of shut ins. But we are not the only ones, the same do gooder attitudes in Ireland and the UK are leading to the destruction of their culture, as in storytelling and just good cheer, as well.
10 posted on 03/28/2014 12:03:18 PM PDT by gusty
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To: gusty

I would not disagree.


11 posted on 03/28/2014 12:07:52 PM PDT by Oliviaforever
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To: Oliviaforever

The Dude abides.

https://www.youtube.com/watch?v=sYsw0KVRjCM

My son-in-law posted a video of my (adorable) three year old grandson “bowling” candlepins on facebook. I made two separate comments. “The Dude abides” and “The Little Lebowski”.


12 posted on 03/28/2014 12:10:48 PM PDT by Lonesome in Massachussets (In the long run, we are all dead.)
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To: Yo-Yo

When I was a kid in the summer I could walk the six blocks to the public course with my clubs and play 18 holes for $5.95. Golf is going to hit a wall soon.


13 posted on 03/28/2014 12:34:37 PM PDT by gura (If Allah is so great, why does he need fat sexually confused fanboys to do his dirty work? -iowahawk)
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To: Yo-Yo
“I see a similar boom-bust in Golf due to Tiger Woods.”

Golf has been in long-run decline for 15-20 years now. There is a boom-bust cycle, but it had little to do with Tiger Woods. There was tremendous overbuilding of golf courses (especially resort courses) in the 1990s. Many private clubs are now soliciting members, reducing or eliminating up-front membership fees, allowing public play (with a modest green fee) on weekdays, etc.

14 posted on 03/28/2014 1:18:13 PM PDT by riverdawg
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To: Oliviaforever

They could re-energize the bowing scene with the introduction of weed. Imagine “Bowing for Buds”.


15 posted on 03/28/2014 3:01:23 PM PDT by Mike Darancette (Do The Math)
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To: Oliviaforever
When I was growing up in the fifties and sixties, bowling was huge in my hometown. There were numerous bowling leagues, and it was well nigh impossible to get an open lane except on a weekend if you didn't belong to some league.

Then things dwindled, and a few very large bowling centers closed down. I guess the Boomers just didn't like bowling as much as their parents. It's still popular here, but there's not nearly as many teams and numbers of bowlers even with a doubling of the metro population in the last fifty years.

16 posted on 03/28/2014 3:19:31 PM PDT by driftless2
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To: gura

Unfortunately, the current public/municipal course (not too far from where I lived) was a private course when I was in my teens. If it had been public when I was a teen, I would have lived there. The closest open to the public course was quite a distance away. That’s life.


17 posted on 03/28/2014 3:24:42 PM PDT by driftless2
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To: Oliviaforever
Bowling reached its peak when a large number of Americans were employed in industrial working class jobs and fell as factory jobs and such left the United States.

I don't know if that's an accurate statement. The bowling alleys in my area here in S.E. Michigan are always filled with leagues. Mornings especially which accomodate many of my retired softball buddies.............

What I do know is that manufactured lane conditions and the advanced technology of the balls being used are contributing to grossly higher averages.

225 - 245 averages are common place now amongst the premier leagues.........

18 posted on 03/28/2014 3:38:28 PM PDT by Hot Tabasco (Under Reagan spring always arrived on time.....)
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To: Oliviaforever

What goes up will eventually come down..

The FASTER it goes up, the FASTER it will come down...


19 posted on 03/28/2014 4:51:03 PM PDT by LaMudBug
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To: Oliviaforever

20 posted on 03/28/2014 5:03:18 PM PDT by SamAdams76
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To: SamAdams76
These days kids can only manage cradling a cup of hot chocolate it seems.


21 posted on 03/28/2014 8:32:13 PM PDT by Rodamala
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To: Oliviaforever

Seems the decline in bowling alley popularity began when crime became a problem there...thugs. Families quit going, and even most of the teenagers found other places to hang out. At least it happened that way years ago in my hometown.

I think a few leagues carried on for a while, usually Saturday mornings.


22 posted on 03/28/2014 8:56:09 PM PDT by Cedar
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To: Oliviaforever

Take the skinheads bowling.


23 posted on 03/28/2014 8:58:47 PM PDT by dfwgator
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To: Lonesome in Massachussets

“Smokey, this is not ‘Nam. This is bowling. There are rules.”


24 posted on 03/28/2014 9:04:52 PM PDT by Pelham (If you do not deport it is amnesty by default.)
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To: dfwgator

+1


25 posted on 03/29/2014 12:05:36 AM PDT by gura (If Allah is so great, why does he need fat sexually confused fanboys to do his dirty work? -iowahawk)
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