The Wall Street Poet's newest book, Street Verse, is now available. This 132-page, cunningly illustrated work can be ordered by phone from Diane Publications at (800)782-3833.

Someone Got The 2007 Market Right: A Poet!

At the start of 2007 almost every Wall Street economist and most other high profile economic commentators were predicting another banner year for the stock market. One person thought otherwise, and this visionary voice in the prognosticating wilderness got it right in rhyme! He's the Wall Street Poet: Michael Silverstein

In poems with titles such as  "The Great Stock Market Plunge," "Father Dollar," "The Last One Out the Door," "Bernanke At The Bat," "Stagflation Redux," "The Problem With Economists," and "Irrational Exuberance Anew" Silverstein described with great presicence what was going to happen with economy this year. In other poems such as "The Crude Brood," "Debt Rictus," and "Overpay – A Real Estate Poem," he predicted in rhyming fashion the reasons things would turn out as they have. In still other works such as "No Pain At The Top," "Three Job Mama," and "The Screw Deal" he shone a poetic light on appalling market inequities. Poignant rhymes like "Cash, Cash, Wonderful Cash," meanwhile, directed wise investors to safe havens.

Silverstein even occasionally went beyond Wall Street to skewer sacred cows in the media and inside the Beltway with poems such as "The NPR Begging Chant,"  and "The Faithful Old Retainer (A Dick Cheney Poem)

A former senior editor with Bloomberg Financial News, Silverstein combines long years of market experience with something even more valuable – common sense. To this mix he adds a unique ability to put it all into satirical verse.

Wall Street Poet
Poem of the Week
by Michael Silverstein

Attention young people! There's real opportunity in today's economy if you know where to look. And the place to look is debt. The kind that's not being collected as per agreements. The kind known in the trade as "distressed."

Distressed Debt

Distressed debt?
You ain't seen nothing yet.

It's your best bet
For a good net.

Let others fret,
Try to forget,
The table's set,
For your kismet.

Distressed debt.
Go fourth and get.

******

©2008 Michael Silverstein

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