Days of Wine and Liquidity

Gary Alexander celebrates what would be Johnny Mercer’s 101st birthday (yesterday) with some market talk:

Call me Old Fashioned, but if I Had my Druthers, markets would rise Day In and Day Out, Come Rain or Come Shine. But Jeepers Creepers, the Days of Wine and Roses can also be a Charade. Fools Rush In, seeking Out of This World riches, while those who Hit the Road to Dreamland may be Building Up for an Awful Letdown, and I Wanna Be Around to Pick up the Pieces when they sing The Blues in the Night.

Turning to the Fed, Something’s Gotta Give in the war between inflation and deflation, so the Lazy Bones at the Fed use That Old Black Magic to print more money, saying “This Time the Dream’s on Me.”

Seasonally, markets tend to fall in Early Autumn, when Autumn Leaves begin to fall In the Cool, Cool, Cool of the Evening. But When October Goes, If I Had a Million Dollars (One for My Baby and Another One for the Road), my Dream (My Shining Hour) would be to Take the Long Road Home, on the Atcheson, Topeka and the Santa Fe, with my Dearly Beloved Satin Doll (Laura), to Moon River, where the Skylark and Bob White sing. After all, Any Place I Hang My Hat is Home. It’s all Too Marvelous for Words!

Posted by on November 19th, 2010 at 3:04 pm


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