It’s the fourth quarter. It’s the holiday shopping season. It’s raking in the profits, while beginning to think of the new year. Its looking back and looking ahead. Many find time to look at their investment portfolio. How is the stock market doing, the S&P, the NASDAQ, the Dow Jones?
November 2 arrived, and with it the first batch of catalogs to be loaded into my mailbox. There is a large variety too: cookie catalogs, fruit catalogs, decorating catalogs, kitchen catalogs, and plenty of clothing catalogs. And more come each and every day.
I went out to do some shopping for myself on a Saturday evening. I simply wanted to buy a new sweatshirt and some long sleeved T-shirts. The mall was packed, I could not believe it. This is not Black Friday, it isn’t even the last week of November. I am not holiday shopping, I just want to replace some old t-shirts and get a new sweat shirt for working in the yard. Shoppers were frantic. It was if the merchandise would be gone by Monday. I overheard customers asking for a greater credit limit on their charge card, arguing that they paid their bill and that the card should still be good, and applying for additional cards. Virtually everyone is hurried, hassled, huffish and haggard. Based upon my shopping experience, there is no apparent concerns of consumers regarding the economy. Robust looks as if it is the word to use to describe what I experienced.
Meanwhile, the stock market began with a rough week where all the indexes fell. But Friday stocks rallied and all is well again. The commodities have tanked; grains are down, gold and other metals are down, livestock futures of lean hogs and cattle are down, interest rate futures are down, and crude oil is down.
There is a lesson to be learned of all this activity I am sure. What exactly, I do not know. One thing I am sure of however, I am not a part of the frenzy, I got trapped momentarily, but I am out. I have no intentions of joining in the fray.
I was glad to be back home to relax, go to my home office and sit in front of my computer. It is here that I write, read, study, research, and shop. Yes, shop. Shopping online beats the madness of the crowds. It is quiet, relaxed, and besides I can enjoy shopping while sipping on a glass of Grand Marnier.