Wednesday, April 17, 2013

Kids, Know Your Literary Allusions: Canine Vocalizations Edition

Today's example comes to us from the IMF via the FT's Martin Wolf (HT: Izabella Kaminska):

...Its starting point is with the stickiness of inflation, despite the lengthy period of very high joblessness. 
Thus, states the IMF, “we find a dog that did not bark”. ...
- "How central banks beat deflation", FT April 16, 2013

From a February post commenting on a move (actually the failure to move) in natural gas:
...Three months ago you'd have seen a 10 cent up-move. Now as in Sherlock Holmes' "Silver Blaze" adventure:
Gregory (Scotland Yard detective): "Is there any other point to which you would wish to draw my attention?"
Holmes: "To the curious incident of the dog in the night-time."
Gregory: "The dog did nothing in the night-time."
Holmes: "That was the curious incident." ...