Meaning of "Under the Red Sky" by Bob Dylan

The lyrics of "Under the Red Sky" by Bob Dylan carry a dreamlike quality, describing a fantastical world where magical and surreal events unfold. The young boy and girl living under the red sky represent innocence and wonder, while the old man in the moon symbolizes wisdom and guidance. The imagery of being baked in a pie conveys a sense of vulnerability or unpredictability in life. The notion of the girl receiving a diamond as big as her shoe suggests a promise of abundance and prosperity in the future. The mention of the blind horse leading you around could symbolize blindly following a path without clear direction. The departure of the man in the moon and the river going dry could signify the loss of magic or wonder in the world, leaving behind a sense of emptiness or longing. Overall, the song conveys a sense of nostalgia for childhood innocence, mixed with themes of fate, fortune, and the transient nature of dreams.