Sunday, August 29, 2010

Daily Markets - ‘Seeing Things For What They Are’

Daily Markets - ‘Seeing Things For What They Are’


‘Seeing Things For What They Are’

Posted: 28 Aug 2010 06:36 PM PDT

Although it does a pretty good job of keeping economic reality under wraps, sometimes bubblevision TV — er, CNBC — slips up and brings guests on-air who haven’t drunk the Kool-Aid that many Wall Streeters and Washington policymakers knock back on a regular basis. Such is the case with one senior executive who reveals the ugly truth about where things stand in “Most Executives Don't See Recession Ending Until 2011″ [italics mine]: 

Business leaders have become increasingly … [visit site to read more]


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