Morton's Fork

Friday, June 1, 2012

Preview:

In the past, if you were faced with two equally unappealing options you were said to be “between a rock and a hard place” or perhaps “between the devil and the deep blue sea.” Either expression meant you had no good option among your choices. The U.S. Economy, and for that matter maybe the world economy from many perspectives, finds itself facing few, if any, good options. Today, we can use a more opportune term to describe the situation. It is a term which is used by bridge players and is known as “Morton’s Fork.” It too is used to describe a choice between equally unattractive options.

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