Posted on 03/28/2014 11:30:40 AM PDT by Oliviaforever
Theres 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 well 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 Americas 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 ...
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.
Take the skinheads bowling.
“Smokey, this is not ‘Nam. This is bowling. There are rules.”
+1
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