Day: March 6, 2017

Addendum To: “Forward Guidance”

This morning I received a note from a friend asking me if I made a mistake in my last post. I asked, “Where?” They replied , “The title.” e.g., “The flying fickle finger of faith” reference.

I said, “No, but I now get why you’re saying it.”

For those not familiar the “Flying Fickle Finger” reference was an intended play on words from an old Rowan and Martin’s “Laugh In” (1968-73 NBC™) skit which was “The Flying Fickle Finger of Fate” award and was bestowed on those whose accomplishments were of, let’s just say, dubious in nature. I remember watching this show as a kid (yes, I am Methuselah) and loved it, and still do.

So, with the above for context what I was trying to do was a play on words as one might say, and was trying to convey that the Fed. has moved from its once vaunted “smoke signal” display also known as “forward guidance” and has moved onto its own version of hand signals. Those “signals” in my mind consist of..

  • 1: A hand.
  • 2: One outstretched digit. (I’ll let you decide which)
  • 3: Seems to be flying in the face of anyone questioning their reasoning.
  • And last but certainly not least 4: You must have complete faith (i.e., any questions refer it to the finger) that they know what they’re doing, regardless if it appears they are doing the exact opposite of what they have instructed everyone that they would not do.

So with the above said, here’s two things I know for sure.

First: When it comes to any accusations that all I do is write “click baiting” headlines? See the above referenced title. The proof is in the pudding as they say. As in – all doubt should now be thrown aside. e.g., I’m not that good.

And Second?

If you have to explain a joke – you know the joke (or line) didn’t work. So I guess the stand-up career is also left in no doubt from here also. e.g., There ain’t gonna be one, for the reason stated above: “I ain’t that good.”

© 2017 Mark St.Cyr