— What’s wrong with this headline? I believe a lot. — A quintessential example of the media turning a silk purse into a sow’s ear — Most of America should be celebrating the economy. If they are not it is because the media is telling them things are bad. What is wrong with my title headline? Barron’s columnist, Randall…
Tag: Randall Forsyth
” … The Good News Is Already Baked Into Stocks.”
–Is it? Don’t buy this argument. –– A more elevated view and longer-term perspective yields an entirely different picture. –Stimulus and low interest rates world-wide seem under-appreciated as long-term drivers for the economy. –Using the analogy of baking a cake, we’ve just made the batter. The World According to Forsyth This was the take of…
“If the ‘big Five’ Tech Stocks Falter, They’ll Take the Rest of the Stock Market down with Them”
Barron’s does it again Better yet I should say Barron’s columnist Randall Forsyth does it again. What a fetching headline. ‘If it bleeds it leads. Mr. Forsyth, have you no shame? The FAAMG stocks (Facebook, Apple, Amazon, Microsoft and Google — for some reason Netflix did not make the cut) had all the right stuff…
‘Even a blind hog finds an acorn now and again’
Not that Barron’s Magazine is a ‘blind hog’, but I get the impression the folks preparing the Up and Down Wall Street column are, at best, very short-sighted…ergo, the title of this post. They finally came up with something worth your attention. This acorn, (don’t be confused by the title–“Presidential Pretenders: Trump, Carson, Cruz and Clinton”…
“Why the Fed Should Stand Pat”
Do I buy this title from Randall Forsyth and Barron’s this weekend? NO. It is just one more example of the media stirring the pot on a trivial issue that it has managed to build into a tower of worry and grief. The tag-line on this header is even worse, “Fed tries to avoid torpedoing global economy and market.”…
Session 92–Forget the Ukraine. Focus on China.
Interesting concept, but why not worry about both? It makes for much better TV. The last week (2/27/14 to 3/6/14) has been particularly difficult to write about. On the one hand we had been inundated by scary headlines on geopolitical events and weakening economic statistics. On the other hand, given close scrutiny, it has been…
Session 55–“You Call This a Crisis?”
NASDAQ’s short ‘downtime’ last week (thanks to a technical glitch) sparked a storm of lamentations and consternation in the cable financial media. They called it a crisis. You would have thought it was the end of the world or, at least, another nail in the coffin of investor confidence. I bet poor Warren Buffett was…