Art Cashin is a Wall Street treasure, and his annual shares are always appreciated. This is his December 23rd commentary.
Happy Merry!
‘Tis two days before Christmas
and at each brokerage houseThe only thing stirring
was the click of a mouseDown on the Exchange
the tape inches alongBrokers bargained and traded
as they hummed an old songWith supply chain disruptions
from iPhones through socksAnd new bugs came to bug us
like that thing, Monkey PoxThe Astros took the Series
and the Rams took the BowlArgentines won the World Cup with a heart stopping goal
We had a midterm election
but it brought no red tideVoters even elected
one guy who had diedOf Prince Harry and Meghan
her complaint never endsOh, sure they are making money
but they are not making friendsA young guy told reporters
I was just sloppy, I fearA rather glib explanation
when billions disappearAnd Hurricane Ian
turned paradise into hellRising crime and inflation
they were features as wellThis year was just awful with little to cheer
But it’s Christmastime Alice and Santa is near
So, stop looking backwards
have a cup of good cheerAnd kiss you a loved one
raise your hopes for next year
And amidst all the trading
Christmas themes we will heedAnd share our good fortune with families in need
And today they will pause
as they wait on the bellAnd turn to each other
and wish each one wellDon’t let this year’s problems impede Christmas Cheer
Resolve to be happy
throughout the New YearAnd resist ye Grinch feelings let joy never stop Put the bad at the bottom
keep the good on the top
So, count up your blessings along with your worth
You’re still living here
in the best place on earthAnd think ye of wonders
that light children’s eyesAnd hope Santa will bring you that Christmas surprise
So, play ye a carol
by Mario LanzaUnless you are waiting
to celebrate KwanzaaHanukkah’s is now ending
and Ramadan is long goneDifferent folks, different holidays but their spirit lives on
Whatever your feast is
we hope you all stillFind yourself just surrounded by folks of goodwill
Today, as the bell rings
hark to your heart’s callAnd as Santa would shout Merry Christmas to All!
Previously:
Happy Merry! Closed for the Holidays (December 24, 2021)