An economist friend of ours wrote us the following note: "For what it’s worth, the wire reporters I spoke to today don’t want to hear it. They are all revved up to write about weakness and don’t want to know about improving real consumption."
They, "don’t want to hear it....don’t want to know anything about...." And herein folks resides opportunity. It is the ACHILLES heel of mkt crowd behavior.
Recall that trout, when "keyed into" a certain mayfly for example will at first ignore the much larger stone fly - the evidence, just beginning to float overhead.
No comments:
Post a Comment