RECOVERY? -OOOPS THEY HAVE THEIR CHARTS UPSIDE DOWN.

Talking heads everywhere are talking recovery, we have hit the bottom, there is a glimmer of hope, housing shows signs of recovery, car sales are showing a rebirth and on and on and on.  I’ve been saying what in the hell are they talking about.  I have called it a Perfect Economic Storm and recovery is along way off.

Today I was joined by another in the very small ranks of those who tell the truth.  Marty Weiss who I have known of for a very long time, way back to Wall Street Week days on PBS where he was very often the guest market guru.  He was a straight shooter then and apparently still is.  Today he shows you 5 parts of the economic storm we are in, the parts we all know because they are a part of out daily lives.  In other words stuff we understand without a lot of study.  JOBS, AUTO’S, HOUSING, CONSUMER CREDIT, BANKS EACH IS SHOWN TO YOU IN A SIMPLE OLE GRAPH THAT IS WORTH A THOUSAND WORDS .  LOOK

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One Comment on “RECOVERY? -OOOPS THEY HAVE THEIR CHARTS UPSIDE DOWN.”

  1. Junior Says:

    It’s funny. The Muslims have their five pillars of wisdom, and Wall Street has its five pillars of stupidity.


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