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Finally, from the old professor Jeff Miller at A Dash of Insight, the Silver Bullet award:
"I occasionally give the Silver Bullet award to someone who takes up an unpopular or thankless cause, doing the real work to demonstrate the facts. Think of The Lone Ranger. This week's award goes to Doug Short for exposing the most recent ZeroHedge data deception. As usual, whoever was writing as "Tyler Durden" did not give a link to the alleged David Rosenberg comment, so we do not know if it is accurate. I get frequent questions from readers about ZH analyses and conclusions. The stories usually combine a smidgen of real data with severe distortion. This makes them difficult to refute, especially when the story appeals to the preconceptions of most readers. The latest installment takes a single month of real income, distorted by anticipated tax changes, multiplies the result by 12 to "annualize" and make it seem bigger, and then go for the scare. Doug exposes this methodically and carefully. Most readers will not want to consider the full refutation – and that is what "Tyler" counts on."
Comments
http://advisorperspectives.com/dshort/commentaries/Just-Two-Recession-Indicators-Response-130502.php
Noah Smith gets even more in their face in this post but be aware the language can be a bit salty. "How Zero Hedge Makes Your Money Vanish"
http://noahpinionblog.blogspot.com/2012/07/how-zero-hedge-makes-your-money-vanish.html
Finally, from the old professor Jeff Miller at A Dash of Insight, the Silver Bullet award:
"I occasionally give the Silver Bullet award to someone who takes up an unpopular or thankless cause, doing the real work to demonstrate the facts. Think of The Lone Ranger.
This week's award goes to Doug Short for exposing the most recent ZeroHedge data deception. As usual, whoever was writing as "Tyler Durden" did not give a link to the alleged David Rosenberg comment, so we do not know if it is accurate. I get frequent questions from readers about ZH analyses and conclusions. The stories usually combine a smidgen of real data with severe distortion. This makes them difficult to refute, especially when the story appeals to the preconceptions of most readers.
The latest installment takes a single month of real income, distorted by anticipated tax changes, multiplies the result by 12 to "annualize" and make it seem bigger, and then go for the scare. Doug exposes this methodically and carefully. Most readers will not want to consider the full refutation – and that is what "Tyler" counts on."
The full article can be accessed here:
http://oldprof.typepad.com/a_dash_of_insight/2013/05/weighing-the-week-ahead-new-leadership-for-stocks.html