by Lance Robert of Streettalk Advisors
Consumers Flash Warning Signal
At the end of last year we began discussing the issues of the excessively optimistic analysis of the mainstream media and analysts which were confusing a skew in the seasonal data caused by an unseasonably warm winter and global Central Bank interventions with an organic economic recovery.(See the report “Pollyana Meets The Economy” for a primer - free membership required) The problem with maintaining an “optimistic bias”, which [...]
