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.

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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.


  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.

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