Trying to wind down before the weekend?
Then check out the poem that was released this morning by CIBC World Markets chief economist Avery Shenfeld. It’s called “9 to 5”, and reflects on the ongoing fall of oil prices, the Fed’s monetary policy moves, and on what it’s like to trade and watch markets daily.
Read: Youth reveal money fears through poetry
The poem, which you can read below, was written to be sung to the tune of “9 to 5” by Dolly Parton (see the video at the end of the poem).
9 to 5
By Avery Shenfeld
Tumble in the crude
on the OPEC meetin’
Energy stocks take a massive beatin’
And it’s a stretch
To hang on for my life
Try to recover
And the blood starts pumpin’
Out on the Street
The volume starts jumpin’
The folks like me on the job from 9 to 5
–
Tradin’ 9 to 5
What a way to make a livin’
Alpha slippin’ by
With crude oil since Thanksgivin’
Bonds have lost their mind
As the Fed just doles out credit
It’s enough to drive you
crazy if you let it
9 to 5, in equities commotion
As my t-bill friends
Are relaxing in slow motion
Want to sell it all
But my mandate just won’t let me
I swear sometimes that OPEC’s
out to get me.
–
Stocks let you dream
Just to watch ‘em shatter
You’re just a step
Off the benchmark’s ladder
But catching up
Just ain’t no child’s play
Mining in the boat
With the oils and gas
Waitin’ for the day their ship’ll come in
The tides gonna turn
And it’s all gonna roll our way
–
Tradin’ TSX
In a year that’s seen stagnation
As the S and P
Just moves up with exclamation
We had leapt ahead
‘Till resources said forget it
It’s enough to drive you
Crazy if you let it
–
TSX, yeah
It’s caught you where it haunts you
There’s been better years
And your hopin for one, ain’t you
It’s a resource play
No matter what they call it
And you need that back
Puttin’ money in your wallet
–
Oh One Five, whoa
Its the year to make a killin’
If world growth comes back
And crude oil stops its spillin’
You won’t lose your job
And will get a lot of credit
It enough to keep you bullish if you let it.
9 to 5…
–
In his release, he also linked to the following video:
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