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The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.


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Thursday, January 01, 2009

Happy New Year?

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happy new year years eve dayHappy New Year? More like melancholy new year, or maybe, here's hoping to a better new year! It's definitely not a happy New Years Eve nor Day, nor does it feel right to wish anyone a happy new year this time around.

I suppose the folks in Gaza don't want to hear those words today. No fireworks were ignited in Dubai or Egypt either this year. Pilgrims in Israel are not mistaking incoming rocket fire for bottle rockets either. In Syria, Lebanon, Iran, Iraq, Kuwait, Saudi Arabia, Oman, Georgia, Russia, Ukraine, Poland, the Czech Republic, Venezuela, Colombia and Ecuador tension is mounting, so a little alcohol might have been poured for sanity's sake.

I would expect those harmed by the Madoff scheme are not in a celebratory mood either. The charities that had to close their doors because of Mr. Madoff's greed are definitely not feeling it. Alcohol seems better served in the form of Molotov Cocktails in places like Athens, London, Paris, Beijing and Moscow, as unrest sprouts many angry heads seeking change.

The growing group of unemployed and those anxiously anticipating unemployment in the U.S., especially in Detroit and malls across the country, probably didn't splurge on a night out. The rest of us who lost a fortune in the market certainly didn't. Yeah, I would say this image we have here still works though, because the bottle is unopened and the glasses have been quietly ignored... hats abandoned.

Let's face it, there's not much to look forward to in the near-term. All we have is hope. Still, thank God for hope, because hope led men to cross the Atlantic to discover this great country. It was hope, kept alive, that led a black man to become president. Nothing other than hope led millions of the world's tired and poor huddled masses to America. So hope may be all we need in 2009. God bless hope and you. Best wishes in the new year from The Greek.

(Article interests: AMEX: DIA, AMEX: SPY, Nasdaq: QQQQ, NYSE: NYX, AMEX: DOG, AMEX: SDS, AMEX: QLD, AMEX: XLF, AMEX: IWM, AMEX: TWM, AMEX: IWD, AMEX: SDK)

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