Let’s put it this way, The Economist was super bullish about the securitisation market as late as summer '07.
Zero Hedge has been bearish about equities since like 2010.
Also, what I find annoying is how both are ideological.
The Economist sometimes seems to me like a collection of neo-liberal platitudes, while Zero Hedge is some kind of nationalistic/gold bug/contrarian thing.
I think the truth in most things is somewhere in the middle of these 2 media.
Not that it’s wrong to agree with the negatives. Only thing that matters is that the rest of the market doesn’t, which isn’t proof that the negative views are bad, they may just not have played out yet.
A directional call without a time attached is useless.
Kmd. Objective news is so 2016. The new meme is to assume that all the news groups are hopelessly biased and to accept that and to get news from multiple blatantly biased sources and then aggregate their opinions and then call them all stupid and say you’re better at critical thinking for it.
The idea of a “trusted source in news” is bullshit. It always was.
I thought their slogan was, “on a long enough timeline the survival rate for every company drops to zero.” Maybe I screwed that one up.