The ticker will loop Pride and Prejudice till closing bell.

As an “emotional guy,” I’m incredibly satisfied that our nation’s fortunes depend on nothing more than pure emotion. If we pull back the sheets and look at the facts, it’s all speculation that has caused the downturn in the economy: speculation that the return on the sub-prime mortgages will be less than expected, speculation that theis will affect everything else, speculation on the part of other countries as to the effect on their economy. When the speculations are bad, people get in a bad mood and sell. We’re not even basing these opinions off of facts; speculation means this might occur.

It’s like breaking up with someone because you’re afraid things might go south. Most people would tell the person who broke it off that they’re a moron. But if we apply the same principle to economics, emotion-based sell-offs are completely normal and rational. I sense hypocrisy.

Basically, emotions determine whether or not your financial system is going to do well or not. Because today, some numbers came in that house sales are up (read: actual statistics, not speculation). Subsequently, the market is going up. The dollar is strong (like, really strong, in comparison to previous months). Gas prices are low. Interest rate is low.

After like two weeks of people being in a bad mood, people are generally in a good mood again on Wall Street. This translates to market going up.  At least when I’m emotional, I don’t bring an entire nation crashing down around me. I look like Keanu Reeves next to those guys.

And we thought teenage girls were fickle.