There is no Recovery!

  • The explosion in the economic blog sphere is a mixed blessing, some blogs seem to be able to create something almost like an alternative reality.
  • Simple data and textbook economics, the tools of our trade, is enough to separate most hype from reality.
  • Like those arguing there is no economic recovery.
  • Investment decisions based on hype can be spectacularly wrong.

There Is No Recovery! | Seeking Alpha