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This episode of W.I.T. from John has me thinking about the 35th anniversary of "Black Monday", when the Dow Jones dropped 500 points in a single day.
The Dow Jones Industrial Average fell 500 points on October 19th, 1987. This year was the 35th anniversary of this "Black Monday". That's what I'm thinking this week.
Three Things Worth Sharing


I was going to put this in the ‘Just For Fun’ category, but I’m not sure it’s only fun.  Regardless, the satirical newspaper ‘The Onion’ wrote and submitted to the U.S. Supreme Court a 23-page amicus brief in support of a man who was arrested by police for creating a parody of the Facebook page of their department.  It is a must-read and includes such gems as:  

“Rising from its humble beginnings as a print newspaper in 1756, The Onion now enjoys a daily readership of 4.3 trillion and has grown into the single most powerful and influential organization in human history.”  

and  

“And The Onion knows that the federal judiciary is staffed entirely by total Latin dorks: They quote Catullus in the original Latin in chambers. They sweetly whisper “stare decisis” into their spouses’ ears. They mutter “cui bono” under their breath while picking up after their neighbors’ dogs.”

 


For a very long time, everyone in the eastern third of Wisconsin had a 414 area code. Then in 1997, the 920 area code was split off for phone numbers to the north, followed shortly by the 262 area code being added for numbers in the suburbs surrounding Milwaukee in 1999.  Now twenty-four years later, starting sometime in 2023, folks in south-central and southwestern Wisconsin will start to be assigned a 353 area code.  
 


I’m not a huge NBA fan, but with the new season underway, I will at least pay attention to scores a little bit.  A good place to get a handle on what might happen around the league this year is NBA Power Rankings: One random prediction for all 30 teams
About the 'What I'm Thinking' Series
I do a lot of reading and thinking about personal finance so that our clients don’t have to and I periodically share my thoughts through this series of short recordings & emails - which I’ve creatively titled ‘What I’m Thinking’!
 
Over time there will be some topics that appeal to everyone, some that will be mildly interesting and some that only folks who are really into personal finance will find useful - which is just perfect.  Take whatever is useful to you from these and ignore the rest - in fact I give you permission to just hit the delete button if it sounds Iike more work than fun to listen!

Mark Twain once said ‘I was going to write you a short letter but I didn’t have time, so I’m writing you a long one.’  That concept really resonates with me, so I work really hard to keep these episodes short and digestible.  I hope you find them interesting - please share it with others that might enjoy it as well! 
 
Let me know your thoughts about this episode in the comments section on YouTube or via info@trinfin.com
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