Good thing the Main Stream Media has us covered

In todays Wall St. Journal online edition the following two headlines appeared
Reluctant Shoppers Hold Back Recovery
and
Banks, Retailers Fuel Rebound
So the reluctant shoppers must be the ones who only buy wholesale or there are a few un-reluctant shoppers really stepping up. Whichever view you have the good old WSJ has it covered.
The New York Times has this on it's Business front page online
With Few Exceptions, Retailers Remain Weak
meanwhile the L.A. Times has this on it's Business front page online
Earnings data help stocks regain ground after sell-off
Better-than-expected retailer earnings and an upbeat housing report Tuesday sent major stock indexes up about 1% a day after a big market sell-off.

So let me summarize:
Weak retailers with better than expected earnings driven by reluctant shoppers boost stocks enough to hold back recovery and fuel rebound.

Anybody wondering why the retail investor doesn't know what to do with his money just has to see the information he is being fed by the MSM. And tomorrow you'll see editorials touting how they called the events of the day correctly.

As a lowly blogger I harbor dreams of someday achieving mainstream status. I am going to practice regularly to develop the necessary skills to realize that dream. Here goes:
The broad indexes will continue on a sideways trend confirming the medium term uptrend which is still dominant over the short term downtrend which is indicative of a secular bear market while the cyclical bull market continues.

I am also developing my ability to include in my coverage of business news tawdry pieces of titillating nonsense to attract the rabble and increase my ratings when I have nothing relevant to say or the news of the day is stuff that will decrease my ratings. Like this:

Underage drinking takes dramatic swing towards younger kids, an Aiki14 exclusive

I am pretty sure with the aforementioned practice, a substance abuse problem or two, and a prolonged episode of cerebral hypoxia I could be a substitute for Larry Kudlow, and if I can induce an emotional breakdown on top of all that Dennis Kneale. Wish me luck folks!


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