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400 Analysts and Economists Are Bullish….

400 Analysts and Economists Are Bullish. But Before You Join Them, See This Chart
5/4/2011 5:30:00 PM

Please read these financial news headlines and then take a guess as to when they were published:

  • IMF predicts an energetic world economy (StarTribune.com)
  • World economy in robust health despite US slowdown… (Agence France-Presse)
  • US Treasury says economy strong…‎ (Reuters)
  • IMF chief sees healthier global economy‎ (Channel News Asia)
  • Fed chief predicts economy will rebound despite housing woes (AP)
  • Job Growth Strengthens Economy (Washington Post)
  • Several Signs the Economy Is Reviving (New York Times)

Did they publish this week? Last week? Last month?

No.

All these headlines published in April through July of 2007. That’s right: All these reports came out right before the 2007-2009 global financial crisis crashed markets around the world.

http://www.elliottwa…ult.aspx?cat=mw

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