It is always amusing to see which blog posts were most popular during the year. For 2016, the third most popular was “The Lehman Line” on October 22nd, when I worried about the probability of Deutsche Bank posing a systemic risk to our financial system.
The second most popular was “The Only Game in Town” on May 19th, when I explained why the stock market had been over-reacting so violently to anything and everything the Fed says.
Finally – drum roll, please – the most popular blog post of 2016 was “National Sock Day” on July 3rd, when I asked everyone to pull a dirty sock out of their dirty clothes hamper and carry it in their pocket until somebody bad-mouthed America on Independence Day and then stuff it into their mouth, explaining we already have 364 days to be negative.
Maybe, the lesson is that a little tongue-in-check humor is more needed than more serious discussion.