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Seasonal correction temporarily halts spring rally

March 9, 2020

7:05 a.m. Closeup of the frosted plastic lid of a dumpster in a Fairview back alley.

Weekend trading in the stock phrase “spring is just around the corner” fell sharply in Vancouver as temperatures unexpectedly plunged to winter levels not seen for two weeks or more.

As a result, Early Monday morning (March 9) saw sidewalks peppered with road salt, roads stripped with salt brine and cars covered in frost and wreathed in clouds of exhaust.

7:10 a.m. Warm car exhaust hangs like clouds of steam in the near-freezing air as an apartment resident get ready to drive to work.

According to those who specialize in forecasting weather futures, Vancouver residents will have to bear up under winter-like overnight lows for the rest of the week—though they should be able to take profit from a 10 degree Celsius spread between early morning and late afternoon.

It may shake the confidence of Vancouver residents emotionally invested in the idea that winter is virtually over but not to worry, say analysts, this seasonal “correction” will be short-lived.

8:02 a.m. A black capped chickadee landing, or taking off from a Fairview tree that—despite the unseasonably cool temperatures—looks near to budding.

And anyway, when we say “winter-like overnight lows”, we mean Vancouver winter-like—which means spring-like in almost any other part of Canada.

We should never sell our wonderful West Coast Climate short. Click the images to enlarge them.

2 Comments
  1. Slowcrow permalink

    Another great post. The word tie-in (?) with the stock market kafuful is subtle, playful, but poinyent (darn, no spell check when you NEED it), another Sqwabb trademark. Thanks!!

    Like

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