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Warning: autoplaying video w/ sound on. Here is the main takeaway: YoY EPS Growth S&P 500 With Energy: -2% S&P 500 W/out Energy : 5% "We commonly hear

Warning: autoplaying video w/ sound on. Here is the main takeaway: YoY EPS Growth S&P 500 With Energy: -2% S&P 500 W/out Energy : 5% "We commonly hear that corporate earnings are 'rolling over,'" wrote the analysts. "It may be more accurate to say that commodity sector earnings are collapsing, while profits for the remainder of the market are still posting moderate growth." These short Bloomberg pieces have truly perfected the art of explaining nothing but looking like its explaining something, then slapping a clickbait title on top of everything. They've stripped out 3 quotes from an analyst report that they don't bother linking to, and tenuously tied together brief blurbs on the industrial production index, EPS growth, and core inflation without explaining any of them in a satisfactory manner.

tomc1985 11y ago
> without explaining any of them in a satisfactory manner. Welcome to finance... Financial feels so full of decoy material, designed to keep minds weak and preoccupied so the elites can do their thing without interference...
- kaybe 11y ago
  Does anybody know better sources?
  - tomc1985 11y ago
    The hardest part is recognizing the good material from the bad. In my experience its less about feeding for information from a single source, and more about separating useful market information from stories full of chaff. Advice can be tricky but IMO the best information are plain, boring whiteboard lectures explaining investment fundamentals. (This guy, who I've enjoyed a few of his tutorials, as one example: https://www.youtube.com/user/MoneyWeekVideos https://www.youtube.com/user/MoneyWeekVideos) I avoid fruity, feel-good financial gurus because I see a lot of the same mannerisms and personality types as I encountered amongst the con artists in the 'financial seminar' and MLM scenes. Also, market commentaries from conservative brokerages are good for figuring out the macro picture

tomc1985 11y ago

> without explaining any of them in a satisfactory manner. Welcome to finance... Financial feels so full of decoy material, designed to keep minds weak and preoccupied so the elites can do their thing without interference...

kaybe 11y ago
Does anybody know better sources?
- tomc1985 11y ago
  The hardest part is recognizing the good material from the bad. In my experience its less about feeding for information from a single source, and more about separating useful market information from stories full of chaff. Advice can be tricky but IMO the best information are plain, boring whiteboard lectures explaining investment fundamentals. (This guy, who I've enjoyed a few of his tutorials, as one example: https://www.youtube.com/user/MoneyWeekVideos https://www.youtube.com/user/MoneyWeekVideos) I avoid fruity, feel-good financial gurus because I see a lot of the same mannerisms and personality types as I encountered amongst the con artists in the 'financial seminar' and MLM scenes. Also, market commentaries from conservative brokerages are good for figuring out the macro picture