This is bull!
The Wall Street Bull, and, yes, that’s me, taking it by the horns — and hoping it doesn’t turn into a bear mid-bonding.
Bull's...eye
How many times have we heard of it, saw it, fondled its rump? And how many of those times have we been silently comforted by its immutable bulk signaling these few city blocks’ importance to the global markets?
Not so much these days. The much-touted Stimulus Bill is finally signed into law – and yet, as the stocks are at their lowest in the last 6 years, the oil is unexpectedly up, dollar back in its nosedive, and unemployment benefits hovering at 5 million claims, give or take, the public, according to an Associated Press – GfK poll, is growing increasingly concerned about losing jobs, not having enough money to pay the bills, and seeing their retirement accounts shrink.
Small wonder then, that NYC is a global economic capital no longer. According to the leading experts, the bulk of stock trading is slowly but surely trickling out of Wall Street to pool in London, Tokyo, Hong Kong. The best in the foreign currency exchange have for a long time now been found during London trading. Some of it is attributable to our current economic chaos, but given many first-world countries suffering the same, it would be merely a pat response, not an altogether true one.
More, the same experts predict that even once US economy stabilizes, Wall Street bull shouldn’t count on resuming the lead. Best it could hope for is remaining competitive in the herd of its fast-emerging contenders. An anathema to its entrenched, comfortable mindset — but one, perhaps, that would spur it on. Horses are said to do marvelously under a whip. Does the same hold true for bovines?
PS. Just so we’re clear, if I saw whipping happen in my immediate vicinity to a non-metal beast, the rider had better have a substitute at home, because the one I’ll be getting my hands on will be SO getting broken.
Related Posts -
Flying the Unfriendly Skies I remember 9/11. [/caption] I was ready to step out to go to school / work -- I was in grad school, and it was my first semester as a TA. Insert me all being puffed up and leave it at that. But my inner glow dimmed that day. The...... -
Make Love, Not War Thousands of Kenyan women from 11 women's rights organizations vowed Wednesday to begin a weeklong sex strike to try to protest their country's bickering leadership, which they say threatens to revive the bloody chaos that convulsed the African country last year. [/caption] Fine idea, though hardly a novel or...... -
Back to the Future My cat is 2.5 years old. In cat years...let's round it to 20. Masha is a purebred. Top of the line Traditional Siamese. Seven generations of her ancestors have documented pedigrees. Her mom's a breed standard, check the Wiki. And no, this isn't a cat personals post -- though considering...... -
The Old Bait and Switch Facing a possible primary defeat in his home state, Senator Arlen Spector, one of the most senior Republican senators, switches parties -- and voila, filibuster-proof Senate (given a comedian-turned-politician Al Franken wins in Minnesota, and this seems likely as things stand). A cause for a celebration if you are a...... -
Doesn't It Just Make Your Heart Go Pitter-PETAr? Khloe Kardashian. Roselyn Sanchez. Pamela Anderson. Eva Mendez. Holly Madison. What do they all have in common? [/caption] If you answered, outta this world hotness, you'd be right. But since I am not compiling a Scoville scale on the female half of Hollywood and outlying regions (though, hmm, this isn't......
Related Websites -
Interpreting the Bank Stress Test Results When Dr. House wants to test if someone has a heart condition, he puts them on a treadmill. This is designed to get the heart rate up and subject it to stress levels it may not normally face. Under these conditions he can monitor the heart's condition and make a...... -
Wall Street Bailout Bill: 5 Examples of Wall Street Trickle Down Effects Many people are under the assumption that Wall Street's business transactions, particularly the transactions requiring a liquid credit market, have little to no affect on our daily lives. This is a false assumption. In fact, so many details of our daily lives are impacted by Wall Street that it...... -
Ex-Wall Street Hedge Fund Market Wizard Nick Lombardi's Forex Ripper And FREE Forex Indicators Get these Correlation Trading Cheatsheets FREE. Read this shocking 40 page FRWC Brutal Truth FREE Report on forex robots. Watch the videos on the Fusion-V 1.1A Robot that made an astounding 344.56% in just 19 days of the trading competition that had a cash prize of $150,000 for the winning...... -
Friday Fun: Calvin and Hobbes Lemonade Stand Economics Lesson & WSJ Giveaway Reminder Sorry I've been MIA these last few days; I took a short holiday after putting together the Carnival of Personal Finance: Jane Austen Edition, but have a bunch of new posts in the works. Calvin and Hobbes Lemonade Stand Economics My Spanish professor from college forwarded me this Calvin and...... - Weakonomics Featured In The Wall Street Journal!! In 2009, I set many goals for the website. One of them was to be featured in the traditional media in some way. It could be a business magazine or newspaper, just something traditional. This is opposed to new media such as websites, video, and especially blogs. Call it a......
