Wednesday, May 27, 2009

Bubble Trouble's Surprise Demise


Prosperity’s just a ticking clock,

     with fickle click and predictable dock

on a borrowed pendulum that swings

     until it busts with leveraged flings.


Speculators jumped in to make a hedge;

     upon  volatility’s predictable edge.

so that from the programmed algorithm 

     could precipitate pennies market-driven .


Their swaggering datas then drew a chart

      much more precarious than modern art

as through the market’s ticks they climb, 

     condensing profit from space and time


As every surge then upward seeks

     to surpass and exceed the previous peaks

and profits rise, both dollar and pound

     while bulls rise up  and bears bow down.


But something’s driven them off the rails; 

      twas the unforeseen fat tails

that wagged the bell curve’s deathly knell

      and cast a trough that’s deep as hell.


Now there’s no joy in Dow, nor in the S&P;

      no motivation in Detroit, nor surety in AIG.

 ‘cause from boom to bust, from tail to snout

      the mighty market has oinked out. 


And if in future tales they do deride 

       the  two thousand eight-nine market slide

then let it be said among the wise

      that the troubled bubble got down to knocked to size.


The thing had grown too big for its britches;

       they had it all patched up in stitches.

It’s not about the dips and leaps,

       but knowing what companies to keep.


 So whether you  like Walmart goods or Abercrombie’s

       steer clear from fakes and propped-up zombies.

Do your homework. Make investments true.

       And economy will revive for me and you.


Thanks for the donut. Go long.

 

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