Friday, October 24, 2014

INTERESTING CHARTS

If want to be wrong, forget the Yellow Brick road, just follow the predictions of economists.

Here are some interesting charts with commentary.

Economists wrong, as this chart of the benchmark yield shows:
 
 
 http://www.marketwatch.com/story/yes-100-of-economists-were-dead-wrong-about-yields-2014-2012    


http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/10-overflow/20141023_Dow_0.jpg

 A third of the companies in the Dow Jones Industrial Average have posted shrinking or flat revenue over the past 12 months, according to data from S&P Capital IQ. Revenue growth for nearly half the industrials didn’t outpace the U.S. inflation rate of 1.7%, according to WSJ.

Mainstream media is trying its best to sell the idea to everyone and anyone that the market's recent rebound is owing to earnings reports. Large caps like IBM and Coca-Cola disappointed the market and paid the price. We're not saying this is any kind of collusion between the Fed's statements and those of MSM, but it is deceptive reporting.




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