pochovilla

Retail Sales Show Inflation, Not Growth

The attention span of the average person is about ten seconds. The herd moves on "headlines" and 10 second snippets without context. Except for a rare few (Kill the messenger) who can put meaning behind the "data" or "possible facts" the pundits grab 90% of the headlines.
Consider the following:
"It's hard to change people's minds with facts" Thomas Sowell

“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
As I tell my daughter in Manhattan, "My advice and $10.00 may get you a cup of coffee at Starbucks"