The Quantum Pontiff

Markets

Fear
i-77012650f51635bc313ddee1e16a94e0-fear.png
Google’s view of capitulation
i-09731b76d282793d14871fc0b7a9268a-capitulation.png
Irrationality?

Anyone seen any old men with canes yet?

Crisis per capita winner? Iceland. Will the last one leaving Reykjavík please tear up that recipe for Súrsašir hrútspungar?

Panics 1812, 1837, 1869, 1873, 1882, 1884, 1896, 1901, 1907,1937, 1973, 1987, 1989, 1992, 1997, 2001. Add 2008.

Just over a hundred years ago
i-86edee36e756e3d580a784e1a31938f5-1907_Panic.png
Another hundred year reference: the Cub’s ticket market.

Let’s blame Van Buren:
i-cfe8b1c9be5e2bf91b795a45c9240018-ANTI-VB1840.JPG

Comments

  1. #1 Ian Durham
    October 9, 2008

    Let’s blame Van Buren:

    Hey now, let’s not go blaming the New Yorker (that would be upstate New Yorker, not city boy) for the foolish moves of his predecessor from Tennessee. ;)

    [Aside: did you know van Buren is the origin of the now ubiquitous term 'O.K.'?]

  2. #2 Don
    October 10, 2008

    [Aside: did you know van Buren is the origin of the now ubiquitous term 'O.K.'?]

    I had to look that up…

    http://tinyurl.com/3ehtx6

    http://tinyurl.com/3soz8k

  3. #3 Dave Bacon
    October 10, 2008

    Blaming New Yorkers is all the rage right now. OK, blaming those in another east coast city is also popular.

  4. #4 Ian Durham
    October 10, 2008

    Blaming New Yorkers is all the rage right now. OK, blaming those in another east coast city is also popular.

    Yes, but that other east coast city is really a southern city and very different.

    And, besides, as I said, van Buren was not from NYC. He was from Kinderhook which is the ‘K’ in ‘O.K.’ (the ‘O’ is ‘old’).

  5. #5 Dave Bacon
    October 10, 2008

    Yeah well from the west coast, DC, New York (upstate, downstates, in the lady’s chamber) all look the same. And kind of like Europe, what with all your little tiny states. :)

  6. #6 Jeff Watson
    October 10, 2008

    Dave,
    My cane started to come out today. There’s some valuations I haven’t seen in my entire life. I’m hoping the fallout in the grain markets allows me to put on my big yearly grain spreads. I’m two weeks late in putting on my spreads.

    Jeff

  7. #7 Dave Bacon
    October 10, 2008

    Is it a cane of a surfboard? Talk about a big wave, when it comes…