Explain SMBC — the wiki for Saturday Morning Breakfast Cereal

boom

2022-08-12 View on smbc-comics.com → 1 revision
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boom
Votey panel for boom
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Explanation

This comic is a single-panel joke formatted as a financial news headline and stock chart.

The headline reads: "ECONOMY SLIGHTLY LESS OF SHAMBLES THAN ANTICIPATED" with the subheadline "STOCKS BOOM" and a green arrow showing "+4.19%."

The stock chart shows a line that was flat or declining, then shoots dramatically upward.

The caption reads: "I wish I could be as in-the-moment as financial markets."

The joke targets the absurdity of how stock markets react to economic news. The actual news is terrible — the economy is in "shambles" — but because it's slightly less terrible than expected, stocks surge. The market doesn't care about absolute conditions, only about whether reality exceeded or fell short of expectations. A small improvement relative to already-low expectations triggers a massive rally.

The caption reframes this as an aspirational personality trait. Being "in-the-moment" usually means mindfulness and presence, but here it means having the memory of a goldfish — instantly forgetting that things are objectively bad the moment they become marginally less bad. It's a wry observation about how financial markets have no sense of context or history, reacting purely to the delta between expectation and reality rather than to reality itself. The comic resonates with the common experience of seeing markets rally on news that, to a normal person, still sounds awful.

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