Mini-editorial: Stock market "expert" analysts are full of it ...

AlwaysWrite

Well-Known Member
#1
The so-called stock-market "experts -- or analysts or pundits, if you will -- are full of crap. They either don't know what's going on, or they DO know, and they're not telling the public.

Prior to the market opening this morning, the Dow Jones futures showed a triple-digit-plus increase, and the "experts" were saying it was because of optimism regarding a potential trade deal between the U.S. and China. However, later in the day -- with the Dow Jones down around 300 points, the same "experts" claim that the downturn is because of pessimism regarding a potential U.S.-China trade deal. "Experts" my (bleep)!


The analysts really have no idea what's going to happen, and they often have a hard time explaining the results, even after the new numbers are on the board. And think about it: How many times do any of them actually (and accurately) forecast a major upswing or downturn? Not very often.

There was one early-autumn Monday when the market dropped more than 200 points after a forecast increase, and they attributed it to fears of problems with regard to Italy's economy. Nothing had actually happened with regard to Italy's currency, but even if it had, how many investors are going to wake up on Monday morning and evaluate the economy of Italy and immediately decide to dump sizable portions of their stock portfolio?

Then, there was the day after Barack Hussein Obama was re-elected in 2012. The market took an immediate morning-after dive of several hundred points, and instead of linking it to Obama's election victory, the "experts" claimed the drop was caused by worries about the European economy.


As I said, either the experts don't have a clue, or if they do know, they're not telling the public.
 

REVerse °

Well-Known Member
#2
There are American people that would really like to see this country fail big time. No one in mainstream news media will say COUP when we know that a coup is in progress.
 
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