Friday, December 22, 2006

American Pie

CIBC's Avery Shenfield was feeling a little artsy when he published the bank's latest weekly forecast. Here's an excerpt from his rendition of 'American Pie':

A long, long time ago…
I can still remember, how the data used to make us smile
And I knew that if they had the chance
That stores could make the shoppers dance
And, maybe, they’d be happy for a while.

But housing prices made them shiver
With no more tax cuts to deliver
Bad news on the wealth front
It couldn’t be much more blunt
I can’t remember if I tried
To have my VISA charred and fried
But something hit me deep inside
The day, the house boom died.

So buy, buy, the consumer won’t buy
Leaving Chevys at the levee
And Ford sales running dry
And Wall Street boys were drinking Perrier and rye

Singing this will be the day that I die
This will be the day that I die.

More of that here (pdf).

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