Look here S&P 500, if you're going to keep teasing us about hitting new all time highs day in and day out, sooner or later everyone is going to figure out you're that bastard in Aesop's fable about the boy who cried wolf.
Will you please just hit that new high already so the masses can continue on with their mundane lives? If you watch MSNBC, you'll notice that the bottom left corner of the channel has a new tenant whose sole purpose is to inform viewers how far away we are from hitting the new high. It's completely distracting and honestly quite useless... and yet like deer in the headlights, I find myself utterly powerless to look away. Its constant updates continue to lure me into the belief that somehow getting past 1,565.15 will signal an end to the half decade economic crisis we find ourselves in.
I almost can't wait for the aftermath discussions... "will this rally continue?", "what does this mean for the economy?", "Does this signify a new economic reality?" MSNBC, you've been handed the topics. Please keep us entertained.
No comments:
Post a Comment