’Twas the market before Christmas
’Twas the market before Christmas and all through Wall Street,
Investors cheered a stock market treat!
People went out but with an abundance of care,
As Covid-19 was still in the air.
Trump still lies snuggled in his White House bed,
With dreams of voter fraud dancing in his head.
When out of injustice their arose such a clatter,
We the world rallied for Black Lives Matter!
Away interest rates fell in a flash,
As the pandemic made bond yields crash.
These low rates did help things to grow,
Like bitcoin which gave off a golden glow.
When what to my wondering joy did appear,
But a series of vaccines by the end of the year.
With low latency and speeds very quick,
I knew in a moment 5G would do the trick.
The IPO market brought about great gain,
With household companies that we can all name:
Now Airbnb, now Snowflake, now Rocket and Doordash.
On early investors making serious amounts of cash.
When it came to crude oil something strange was found,
As prices turned negative with no buyers around.
As short sellers crumble and sigh,
Tesla shares surged higher straight into the sky!
The virus did create an environment of doom,
It’s a good thing we can communicate over Zoom.
Dogs barking, kids crying, oh what a mess,
Did nothing to help working from home stress.
Let us look forward to the day when travel and hugs are all right,
And wish everyone a Merry Christmas and a good night.
Nathan Kowalski CPA, CA, CFA, CIM, FCSI is the Chief Financial Officer of Anchor Investment Management Ltd. and can be contacted at firstname.lastname@example.org
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