Online: | |
Visits: | |
Stories: |
by Monty Pelerin
Monty Pelerin’s World
Apparently there is a shortage of calendars. That seems to be the case in and around Wall Street where people don’t know that this is the year 2016.
Many of the trusted Wall Street sources and their minions feel need to correct some strange confusion among the public as to what year it is. It is nice that they have our interests at heart. Below is a typical example of the public service being provided:
[...] Pater Tenebrarum provides the latest example of sell-side analysts trying to convince the suckers that “this time is different” and they should stay in markets. As I explained in a recent post, Exiting Markets, it is impossible for everyone to get out at the same time. Hence it is important to stem the outflow enough to let the big money get out first.
Continue Reading at EconomicNoise.com…