Gallows Market Humour
MGK linked to this delightful Report on Business article on how woeful the stock market has been this week. No news flashes there, but I did find some wonderful gallows humour in this quote from Myles Zyblock, chief equity strategist at RBC Dominion Securities in Toronto:
The idea that there are floors underneath the market has rapidly evaporated. There really is only one true floor â€“ and we don’t want to discuss that.