The Cody Word
  • November 25, 2008 12:04 PM EST by Cody Willard

    A Graphical Representation of the Bull Market in Depression and the Bear Market for Vacations

    I was playing with http://trends.google.com this weekend after a friend told me he was worried about the suicide rate climbing in this country as the economy gets worse and the government keeps sending what's left of our money to the crooks on Wall Street and those who support them.

    Some interesting search word trends:

    Searches for the word "depression" are climbing strongly this year, but are still down from where they were in 2004 -

    Searches for the word "unemployment" are in a steady bull market -

    I closed my hedge fund and took this financial media job at a pretty lucky little juncture.  Hedge funds are going all but extinct but everybody's talking about the "stock market" right now.  Financial media is one of the few industries that's actually benefiting from this economic collapse we're living through.  Searches for "stock market" -

    Wanna know an industry that's in serious cyclical decline?  Yup, ain't many people looking up the word "vacation" on the Net these days:

    Remember last year when we'd do those Economic Infomercials on Happy Hour during which I'd plead with the politicians and bureaucrats to just let what would have been a minor economic downturn come and go.  Instead of letting people who should have lost money lose money because those individuals took bad risks when they bought, sold, borrowed and/or lent...we keep taking from those who rent and save and giving to those who don't.  With force.  How else do they have the power to put over all these taxes and stimulus and bailouts on us who would otherwise have much more wealth and ability to create and invest than we do as those in power keeping putting over all these taxes and stimulus and bailouts to those who, by any definition of the word "freedom" should be losers by their own accord right now.

    The long-term trend for vacationing won't go back up until those who have money are allowed to keep it and those who lost money aren't allowed to keep what they supposedly lost.

    The long-term trend for unemployment won't go back down until those who have saved feel that nobody's going to steal that money or the value of that money from them to reward powerful cronies who would otherwise be insolvent.

    Hey Washington, want the stock market to go back up?  Quit distracting us and let us get back to work around here!

    PS.  Were I looking to trade, I'd be looking to short any rallies above 8700 in the near term if we get there.  Otherwise stay on the sidelines until we drop below 7800 again.

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about this blog

  • Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company. He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."

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