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Weather Is 1,557% More Harmful Than Helpful To Corporate Profits

Or so we're being told
Wednesday, March 26, 2014, 8:55 PM

It's just another day in the spin factory so let's have some fun with it.

Lately 'bad weather' was cited as the reason that Walmart and FedEx earnings were disappointing.  If it isn't 'one-time' charges that happen every quarter being removed from reported results, it's the weather being blamed for somehow hurting operations. » Read more

Insider

Mixed Messages

We're being told one story, but the data is telling us anoth
Monday, December 3, 2012, 2:38 AM

We are surrounded by mixed messages.  Is the economy recovering or stumbling?  Are we are at the edge of a new energy bonanza or not?

One of the particular difficulties about trying to make sense of things these days is the shameless amount of statistical manipulation (i.e., official lying) for political purposes and for shaping market reactions -- as well as the amount of paid PR material that is masquerading as real news from unbiased sources.

The level of sophistication in controlling messages is really something to admire, as long as one is unconcerned with the damage such spins and distortions are dong to our collective futures... » Read more