PUNXSUTAWNEY, Pa.—A furry critter in a western Pennsylvania town has predicted six more weeks of winter during an annual Groundhog Day celebration. People gathered Thursday at Gobbler’s Knob as members of Punxsutawney Phil’s “inner circle” summoned the groundhog from his tree stump at dawn to learn if he has seen his shadow—and they say he…
What If Stocks and Bonds Move Down at the Same Time?
Commentary What do your stocks, house, car, lawnmower, and expensive jewelry all have in common? If things get financially desperate enough, you’ll sell them all. At first thought, one might assume that there is no real correlation between a lawnmower and a car, but in times of serious stress, they all have to go—at the…
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