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Misreading misleading charts: rally edition

November 4, 2010

From the "question everything" file, an excellent example of why you should never trust anything without verifying it yourself: a number of conservative mailing lists are forwarding the following image comparing the size of Glen Beck's rally to Jon Stewart's: Note the circles at the bottom, which purport to show the areas involved. The first […]

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Quick thoughts: stress tests and such

May 6, 2009

Front page of the NYT tonight: "As Stress Tests are Revealed, Markets Sense a Turning Point." I know I'm a cynic, but my first thought was "...which way?" Is it even possible to turn upward after a 40% rally? Sure enough, the article is quickly laced with the caveat "All of this assumes that the economy […]

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