Groundhog Day Revisited
Groundhog Day is more commonly known as the day observed on February 2 where the appearance of the groundhog is meant to symbolize whether spring will come early (the groundhog emerges on a cloudy day) or whether winter will continue for six more weeks (the groundhog sees its shadow and retreats to its burrow).
However, Groundhog Day is also the name of a 1993 comedy starring Bill Murray. In the movie, Murray finds himself trapped in a time loop where the same day (Feb. 2) repeats over and over again. After exploiting his knowledge of the time loop, he grows desperate to end it, and when he cannot, he reexamines his life and decides to use the time loop to help the people and the town. We don’t want to give away the end of the movie, but if you are curious, visit the film’s IMDB page for the full synopsis (there are spoilers).
The movie was the inspiration for the title of our 2010 webinar “Groundhog Day”, which explored some of the reasons why it can sometimes feel that we’re living the same (scary) day over and over again in the markets, while also offering strategies to harness the underlying goodness found in the economy and the markets in order to achieve our goals.
“History may not repeat, but it sure does rhyme.” Mark Twain