Radio Free Wall Street 2/17/10

Russ Winter and Lee Adler talk about the recovery fallacy, “the big effing thing” illusion, and the importance of not fighting the Fed. Lee discusses this chart as an example of the recovery fallacy.

Click to enlarge

Click to enlarge

Not a subscriber? Click here to hear a free preview. Reposting or linking to this preview is permitted and encouraged. Spread the word!

Or listen to a free release of the November 25, 2009 podcast.

To subscribe and hear this podcast right now, click here!

[display_podcast]

Subscribers, click player to start.

2 comments for “Radio Free Wall Street 2/17/10

  1. Raymond
    February 24, 2010 at 1:05 pm

    Lee, thanks for the ConCon piece! it was a good read…

    Today’s new SEC shortsell restriction rule seem to be yet another political window dressing. pls comment on it if you don’t mind.

    thanks,
    Raymond

  2. Lee Adler
    February 25, 2010 at 7:39 am

    Sorry, didn’t see this before the podcast.

    I just read a brief comment about it. Since it would only apply in those cases where large declines take place in a single day, I don’t see it as being of any significance.

Comments are closed.