Do not frighten Mr Market!

The DLR is loving the way the ‘markets’ has been turned into this pagan god, commanding fear, respect and the sacrifice of virgin daughters, by the now financial-services-savvy but still quite lazy media. It is portrayed as some kind of Sloth-like figure chained in the basement of the stockhouses around the world, existing at the core of the earth, withstanding extreme heat and compression, rattling at his cage and demanding endless Baby Ruths.

So you see what we mean about this fearsome anthropomorphism:

Mr Market, like a bloodthirsty hound with a bad smack habit, should not be awoken. One should placate him at all costs.

If one fails to mollify him the consequences are dire!!

Please, someone with children, dress your child up as the Markets for Halloween. Or make a horror film: Nightmare on Wall Street? Night of the Living Dead Cat Bounce? Invasion of the Bond Snatchers?

Separated at birth: Sloth and Mr Market.

(By the way, the allegorical personification of Mr Market comes from Benjamin Graham’s 1949 book, The Intelligent Investor, as a way of explaining the mood swings and fluctuations of the markets. Just to show we didn’t make it up; it really is a term used by investors.)

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s