A Must See Classic Example Of A Real Time Mainstream Financial News Distraction. By Gregory Mannarino

in money •  7 years ago 

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What you are about to read/see, in my opinion, is a classic example of how the mainstream media/financial channels try to distract and miss-lead the general public.

The headline coming from the mainstream financial channels regarding retail sales is this: "US Retail Sales Soar in July to Seven Month high." Click here: http://www.marketwatch.com/story/us-retail-sales-soar-in-july-to-7-month-high-2017-08-15

The real fact of the matter is retail is getting crushed, and you can see this in real time by looking at ticker XRT (which is the retail sector ETF) for which I have been short for the past several days and is currently down nearly 2%. (I posted this position to my website TradersChoice.net several days ago-congratulations to those of you who got in on it). Click here: https://www.traderschoice.net/money-page--stock-picks.html

This is exactly the kind of a distraction that the mainstream financial channels do not want you to be aware of.

The mainstream commentators and article writers exist simply to cheer-lead, and do not put out any real actionable data.. it is a sad state of affairs filled with with misinformation and distractions.

Gregory Mannarino @marketreport
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beautiful content

The MSM are bought and paid for shills for their corporate bosses. It's a very sad state of affairs where every ounce of information is simply used as propaganda to further an agenda.

The financial news is a Potemkin village.

Silver and Bitcoin are the answers.

Thanks Greg. I was wondering about how reliable the retail news was. USD is on the rise but for how long? Surely at some point they will need to reverse to QE to stimulate?

Disgusting. I cannot believe how many are falling for it. Good thing we have, people like, Gregory Mannarino calling the liars, liars. "Thou shalt not bear false witness"

thank for your post @syarrf

Greg what you said was all truth and we thank you for telling it, you show to all you know what is really going on and wwe upvote and re steem too

They just tow the party line.. nothing to see here

More reason not to believe the suppressed price of silver..Buy now!

Great job man!
Thanks for the post.

Aaaaand thats why we listen to Mr Mannarino ...

Thx Greg

very nice post

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Thanks @marketreport, great example I wouldnt have found otherwise. This kind of behavior extends far beyond just econonic topics too of course...
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Awesome article greg, the links are full of information.

50% SBD of the Payout on the Earnings.

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Yes I agree, they give misinformation and distractions.

I have had okay sales in my little cottage craft Etsy shops, but Only because I have an international following, who pay attention. My overseas sales double when the dollar drops.
But I make unique handmade items that they cannot find anywhere else.

Regular retailers have been dropping in sales every year since 2007, and before. 2014 was a little bounce...but that is it.

Maybe bugout bag sales have soared ;)

Retail has to suck.... very few people have spendable disposable income...
We be broke!!!!!!!

thank you for sharing
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thank you
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thank you
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Great
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The mis-information campaign has to maintain a ever prevalent pace to ensure that the sheep feel safe spending their time buying as much as possible to continue the wealth transfer....just my humble opinion 😉