Goats Do Roam!

Loved the sheep'n'goat metaphor at the end of this little piece on the state of the world economy from FT Alphaville, one of the few blogs about financial matters that I read on a regular basis. Probably it mainly is because of the subtle humour that is intercepted here and which is sadly lacking in most writing on financial matters.

Anyway, here's the excerpt I was talking about:
«We await the end of QE2 in June. This will really sort the sheep from the goats. Then we will see whether this patient can keep up its frenetic Irish jig in the absence of extreme stimulants. I am in the camp (tent) that believes that QE1 and QE2 have driven equity prices which have, in turn, fuelled the economic recovery. Looking around, it is not a very crowded tent and being a city boy I’m not quite sure whether those droppings belong to sheep or goats.»