"Nowadays, you can't turn on the TV without some talking head telling you about the economy. Yet, in a world overrun by 'analysts,' only one man has the guts, the brains, and, quite frankly, the poetry to put it all in perspective.That man is Michael Silverstein... Silverstein is a true intellectual." — Gersh Kuntzman, The New York Post

"Few people have found much to laugh about in the stock market this year. Michael Silverstein is the exception. The Bard of the Bourse can find humor in losing money, globalization and stock options." — USA Today

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About Silverstein's Verse

 

The Fed has been raising rates steadily for years and is poised to do it again. And you know what that does to the stock market...

The Higher Rates Poem

Behind ev’ry silver lining
Is a gathering dark cloud
Poised to dim the lining’s promise
It’s proud glistening to shroud.
Just when you think the road has smoothed
For good times to get better,
There comes that doppelganger,
Your hopes to put in fetter.

(There’s nothing that the market hates,
Half as much as higher rates.)

You knew, of course, t’was coming
All the signs made that quite clear;
With rates the Fed must tinker,
Overheating—its great fear.
It’s timing that’s so crucial
To sidestep coming pain,
As long as rates stayed steady
From a pullback you’d abstain.

(There’s nothing that the market hates,
Half so much as higher rates.)

A won’drous rate depression
Has now had its lengthy run;
When all could borrow cheaply
For the bulls it’s been great fun;
But budding new inflation,
Now make things much less sunny;
It’s sleeping bears awakened
With the rising cost of money.

(There’s nothing that the market hates,
Half so much as higher rates.)

********

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Michael Silverstein

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