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I am certainly nearer the end of my life than the beginning. and I thought it wise to ask around, talking with everyday people, trying to get a good, accurate analysis of the overall economic outlook. Some may find this silly, after all, why not just heed the advice and wisdom of all of the experts, offering their views on market conditions, the direction of interest rates, both short and long term, etc. But, nothing ventured, nothing gained.
My plumber said he was ” bursting at the seams with work”, alas, the electrician stated, “I’m shocked how much business is down.” My cousin, whom works for a railroad, told me, “We are on track for record profits!”
The optometrist was convinced that ” He sees a lot of great things, economically”, and my audiologist was” hearing a lot of great news.” My friend is in mining, sadly, his business is ” a little rocky”. A cousin works at a marina, thankfully,” He saw “smooth sailing” ahead.
A pilot buddy was thrilled his business was ” really taking off”, and the elevator people said business was ” very volatile”, soaring highs to plunging lows. My arborist was thrilled he was ” branching out, more and more.” The basement waterproofing company was doing well, even as its work was “drying up”.
My barber was concerned during Covid, it was a “close shave”, but he survived. The restaurant people had “a lot on their plate”, but the mortician said his business was “dead”.
The nutritionist weighed in with her opinion, and the fireworks seller’s business was booming. The treadmill people were just “running in place”, of course the meteorologist was concerned about turbulence, and the ornithologist was worried about his nest egg. The lady whom makes honey is,” busy as a bee”.
The musician said he worked hard ” drumming up work”, the band CSNY said, There’s Something Happening Here, What it is Ain’t Exactly Clear’. Pink Floyd is in favor of cash , “Money, its a gas, grab that cash with both hands and make a stash”.
With the huge deficit our government is running, Jackson Browne feels we are ” Running On Empty”, but the movie people like fixed income, ” Bonds, James Bonds.”
Whew. The furniture maker was , ” Getting down to brass tacks,” alas, the HVAC guy was sad, ” His business was ” cooling down”. The ATV maker was, ” stuck in the mud, and the florist said, ” everything is coming up roses”, and the auto mechanic was ” firing on all cylinders”, and finally, the diaper people said their business was finally “bottoming out”.
And now my rock solid, 100 percent accurate prediction, on the future of the financial markets, ” THEY WILL FLUCTUATE TREMENDOUSLY”.
Thank you so much everybody for all of the kind words, much appreciated, truly. But, I forgot, I spoke with Richard Petty former race car driver, he said things were “ revving up”, and yes, it was a Buffalo Springfield song. The old memory is fading, fast!
I just stopped at a bar for one quick one, the bartender said business was “ pour”, but Orville Redenbacher , his business was starting to pop.
At the local hemp store, sales were smoking, and an astronomer said interest in space is” out of this world”!
The cab driver was doing “ Farely well”, and at the sky diving place, everybody was hoping for a “ soft landing “.
Meanwhile on Broadway, leading experts are predicting that investments will bounce around, “ Like A Cat On A hot Tin Roof”, and its “ A stock pickers market”, so, pick up those Christmas stockings, early.
And , with cash in money markets at around 6, trillion, active fund managers are eagerly waiting for that cash to be invested in stocks and bonds, shhh, do not share with them that when somebody buys, someone else is selling!
The newer cars are much more reliable than previously, my buddy drives a tow truck, business is “ dragging, at the rodeo, they arE” bucking the trend “, and farmers are “ sowing the seeds” and “ harvesting gains”.
Bon Dylan wrote, “ Talking Bear Mountain Picnic Blues”, it’s all about an investment he made, concerning Bigfoot, bad food and mushrooms or something.
I think it was the cheese maker who said “It’s all gouda!”
Awe Mike, I love this post! I’m feeling a tad dense because I didn’t recognize the puns until I got to your cousin at the railroad.
And while I believe it was Buffalo Springfield (before Stephen Stills joined CSNY) that pondered what was happening here, your final analysis of the markets is spot on. I will adjust my investments accordingly.
Cheers to a very punny piece. Like all good satire, it highlights a universal truth – economic well-being is in the eyes of the beholder. We just returned from a tour of the Dalmatian Coast. If the number of tourists and airline passengers is is any indication, the global economy is booming. And that’s the plane truth.
Considering your first sentence. Did your Psychic say that she sees the markets continuing a general upward trend long after your gone? And unfortunately you will not personally benefit from this?
Well, at my last physical, after it was done, I said, “ Well Doc, how do I stand? “ She replied, “ That’s what I’m wondering”!
Actually , I am only 65, but, there is no longevity in my family , especially for men.
Both grandfathers died Of heart disease, as well as my uncle and own father. My mom died at 65, my dad also survived cancer.
I am trying to lose weight and I take a statin for high cholesterol, etc. I need to lose pounds, I got out of the shower earlier , no glasses, and I would have sworn there was a pink elephant in the bathroom!
And what about the business of making puns? Is it groaning from overwork — or laughing all the way to the bank?
I have struggled with anxiety and depression virtually my entire
adult life, about 45 years. I try to use humor in an attempt to keep it at bay, along with the medication and therapy. It does help, Jonathon.
I have read that many comedians , such as Rodney Dangerfield, struggled also, and that’s why they turned to comedy.
I certainly will never be a famous celebrity, but that’s fine. Your web site has helped me so much, so much valuable advice and I like adding to it occasionally.
I was doing great financially until got divorced seven years, and I lost 68 percent . My” lawyer”, actually did more harm than good. And enough on that.
But, thanks to you , I switched my remaining money into index funds, I , for years, never realized how horribly tax inefficient active funds were.
I had the Wasatch Micro Cap fund, which sported long term returns of over 15 percent, in a conventional account, which lowered the return to half!
I have some shares left, but they are held in a Roth. As you have stated, index funds are the only way to go , unless you are Warren Buffett.
Thanks again, Jonathon, I read HumbleDollar every day, and I try to pass your wisdom to friends and my limited kin, but, the second the market drops, they panic and sell, even though some are forty or more years from needing the money.
Thank you for posting my words, and I am glad they do give the readers , at least some of them , a laugh. I hope you have a good day.