Mike Carr: Impending Investor Panic; Media Bias; The Sanford & Son Economy

WE ARE TALKING ABOUT INVESTING IN THIS NEW HIGH-TECH ECONOMY – AND THE EFFECT OF MEDIA BIAS ON THE ECONOMY.  THERE ARE WAYS TO GET AROUND THAT BIAS. ONE OF THEM IS THE ISM REPORT WHICH IS THE INSTITUTE OF SUPPLY MANAGEMENT.  YOU CAN FIND IT AT I-S-M DOT-W-S.  THAT’S ONE OF THE TIPS WE GOT FROM MICHAEL CARR.  HE IS THE EDITOR OF PEAK PROFITS REPORT DOT-COM.  HE THINKS THERE WILL BE AN INVESTOR PANIC SOON – WHICH HE CALLS THE SANFORD AND SON ECONOMY – THANKS TO HOW THE MEDIA READS ECONOMIC DATA – OR BETTER YET – NOT READING ENOUGH ECONOMIC DATA.

“Yeah I think that is how the media is shaping events.  People are scared.  Sanford and Son Market.  I am coming Elizabeth.  Economic news is shifting.  There is a lot of great data.  ISM new order index great info on page 4 or 5.  Orders are now high and about to slow down. Panic will set in.  Could see a good 10-20% drop in the market here.”

 AGAIN THAT INFORMATION ON THE ISM REPORT IS FREE.  JUST GO TO ISM DOT-W-S AND READ. WE WILL HAVE MORE WITH MICHAEL CARR COMING UP.  THAT’S INFORMED NOT INFLAMED.