by Andrew Hoffman, Miles Franklin:
Barron’s, which like the Wall Street Journal, Financial Times and other financial publications has caused readers to lose billions if not trillions over the years; ironically, whilst feigning “conservative” investment principles. Of course, they are no less “conservative” than CNBC and other bottom fishing MSM cheerleaders – who cumulatively have as little care of investors’ well-being as the Fed of “the economy”; or politicians, the “99%” that don’t fund their campaigns. In a nutshell, sensationalism sells and bullish sensationalism even more. Which is why, this weekend’s blaring Barron’s headline that “this time is different” – no less, on the 18th anniversary of Alan Greenspan’s infamous “irrational exuberance” speech – is as ominous as it is disingenuine.
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