Why Markets Aren’t Caught in the US Blizzard
Despite gloom in the weather and news, there’s a very positive move afoot.
What happens on the Brooklyn Bridge isn’t necessarily true of Wall Street.
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It’s easy to fall into pathetic fallacy — the concept that the elements and the natural environment are taking on the emotions and feelings of the humans around them. It’s a common and often powerful device in literature — think of the fog that envelops Dickens’ London as the characters of Bleak House are caught in legal snares — and it’s tempting to use it in analyzing markets.