Quote of the Day (Joe Queenan, Imagining Ernest Hemingway as an Intern Broker)

“Europe’s fiscal woes worry the Canadian investors. It is not fine to worry the Canadian investors, because if the Canadian investors worry about the leveraged-debt problems of Southern Europe, then the Americans will worry next, and after them the toreadors. This is not fine. It is fine to worry the toreadors a little, but it is not fine to worry them a lot. ‘Que tal?’ ask the worried picadors. ‘Que tal?’ ask the bartenders. The camerieri and the garcons and the chanteuses all worry about international sales exposure within the Dow. All of them say: ‘If the report on consumer durables is not fine today, will the report on cyclical goods and copper be fine tomorrow?’” —Joe Queenan, imagining Ernest Hemingway as a 22-year-old intern at a Toronto brokerage house, in “The Hunger Artists,” The Weekly Standard, Sept. 1, 2014