The feedback of failure, loss and defeat is our most helpful teacher.
I want to praise horrendously costly lessons, as those are the only ones we really learn from. We hype the value of “book learning” and give lip-service to “learning fr…
Tag Archive for Mainstream Media
Charts, Economics, Lee's Free Thinking, Must Read
Strongest Retail Sales of the Century, But Pundits Fail to Blame Weather
by Lee Adler • • 3 Comments
As was typical of this morning’s reporting on the Commerce Department’s advance retail sales release for February, Marketwatch (Dow Jones) reported that the 1.1% gain (seasonally massaged) was the fastest in 5 months. It missed their consensus expectations, but only by a tenth of a percent. Bloomberg also touted the gain as the biggest in…
Contributors- Economic and Financial, James Howard Kunstler, Must Read
A Fog of Mendacity
by James Howard Kunstler • • 0 Comments
Those frightening sounds, sights, and odors on the wind this foreboding snowless winter – like emanations from some back ward of a global psychiatric hospital – are the signs of a nation going completely mad. The traumatic rise of oil prices above the $100 level is one irritant, prompting a range of people-who-oughta-know-better to gibber and fulminate as though they’d been locked in the nation’s attic since Thanksgiving with nothing to do but…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
Presidents Day: Why Can’t We Nominate Our Own President? We Can, We Are
by Charles Hugh Smith • • 0 Comments
Why can’t the American public nominate their own candidate for president? It turns out we can, and are doing so for the first time in American history.
If the last 12 years have revealed anything, they have shown beyond reasonable doubt that both S…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX and Dow Updates: Barron’s Does Their Best to Reawaken the Bear Market
by Pretzel Logic • • 0 Comments
The media is giving mixed messages lately. On one hand, we have Barron’s weekend cover story, predicting Dow 15,000. This suggests the bullish sentiment is getting more over-blown, and it’s amazing how many times co…
Charts, Economics, Lee's Free Thinking, Must Read
Economists Surprised Again By Unemployment Claims, Should Not Have Been
by Lee Adler • • 0 Comments
The mainstream media proclaimed an unexpected “beat” of the first time unemployment claims number today. The fake, seasonally fudged number dropped to 358,000 in the week ended February 4. According to Bloomberg, the consensus of economists’ expectations was for 370,000. Aside from the fact that whether economists get a forecast right or not seems to…
Lee's Free Thinking, Must Read
The Trouble With Case Shiller, Again
by Lee Adler • • 1 Comment
The Case Shiller housing price index was released this morning and, as usual, it’s getting lots of media attention. I have no problem with that, except for one minor detail. It is a worthless and misleading indicator of current housing market conditions. Back in 2010 I wrote a public article called The Trouble With Case…
Charts, Economics, Email Bulletins Archive, Lee's Free Thinking, Must Read
Tomorrow Is A Big Day – Why Fed Should Not Act
by Lee Adler • • 0 Comments
Tomorrow is a big day, with the FOMC announcement and the Fed revealing what it wants you to think about what it thinks it’s going to think it wants you to think. Or something like that. This Fed “tranparency” thing has been covered to death in the mainstream media. I think it’s another utter waste…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
You Can’t Fool Mother Nature For Long: Profiting from Sickcare
by Charles Hugh Smith • • 0 Comments
Sickcare, the fast-food/packaged food industries, the entertainment industry and the Marketing/Mainstream Media complex are all facets of one system.
In America, the implicit belief system promoted by marketing is that you can eat anything you wan…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
You Can’t Fool Mother Nature For Long: Mainstream Media
by Charles Hugh Smith • • 0 Comments
The Corporate Media in the U.S. is a handmaiden to the Financial and Political Elites, issuing simulacra of “news” and “analysis” in service of the Status Quo.
If there is any America “industry” ripe for widespread discrediting, it is the U.S. Cor…
