[arete]

Martet WrapUp is Delivered!

I hope that everyone has an opportunity to listen to yesterday's Roger Arnold's interview with Dr. Frank Shostak. Today's Roger Arnold links include the 9:00 to 11:00 am show (Arnold is subing for Tom O'Brien) and Roger's regular one hour 11:00 am show.

9 to 11 Show

11 to Noon Show

Again both shows are excellent.

Richard W.

[CA_soon_gone]

Now that's what I call spin.
The Fed said:

“In contrast, over the same period, the probability of an unwelcome substantial fall in inflation, though minor, exceeds that of a pickup in inflation from its already low level.”

Which was turned into:

This should be translated as more than a 50% chance (probable) though minor (let’s call that less than a 70% chance) that we will see, “An unwelcome substantial fall in inflation.”


A minor probability is certainly not the same as a probable event. Spin Spin Spin.