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On the Butler Patio

October, 2017

Where Were You 30 Years Ago This Week?

By Chuck Butler

 

Thirty years is a relatively long time ... three decades… and a lot of trading days between the day the stock market saw its largest one-day decline, until now, when things seemingly know only one way, which is up.   

 

I was close to everything that was happening in 1987 at our little stock brokerage at the old Mark Twain Bank. Yes, this week marks the 30th anniversary of the “Great Stock Market Crash of 1987."

 

 

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What Economic Sanctions?

By Chuck Butler

   

Well, I’m tired … I’m tired of talking about the problems in the U.S. economy and with debt accumulation. It’s times like this that I have to dig deep down and convince myself that readers want more information than what I’ve given them so far. So I’m going to start this week’s letter with a ditty about the national debt, and then get into some thoughts on Russia’s economy… 

 

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Remembering What the Word “Peak” Means

By Chuck Butler

 

About 10 years ago, the phrase that was getting more air play than a song from the Beatles in the day, was Peak Oil…

 

The geologists and analysts all over the world were talking about how the oil fields of the Middle East, were drying up, and that Brazil’s offshore findings were getting more difficult to find as we went along. They gave statistics, and showed charts of the oil fields, and tried to make their point that Peak Oil was here, and that buying oil on contracts was the way to profit from this dwindling commodity.

 

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