I like DEBKA!
“TLR, Zerohedge is just a blog, and not a very good one at that. Take everything from Zerohedge with a huge grain of salt. It’s much like a low-rent, financial world Debka.”
Wrong. Zero Hedge is the canary in the coal mine of financial blogs. Much like Drudge is for mainstream news. They are often days, weeks and months ahead of the mainstream financial news.
Case in point is the Greece and European Debt Crisis. They were trumpeting the downside risk of this months before it broke in the mainstream news. When it finally broke it actually caused our market to drop “unexpectedly”. Had investors been following Zero Hedge, they would have seen it coming and could have protected themselves.
Zero Hedge provides a wealth of links to detailed market information and analysis. Their commentary is based on interpretation of that data. As with any blog, there is a wide variety of opinions. This just gives the investor one more piece of economic data to help sort out the world we live in. They are not always right (no financial blog is), but to ignore it out of hand is financially foolish.