The Real “Inconvenient Truth”: The Wall Street “Beats” Con Where Everybody Gets A Trophy

By David Stockman

his is why I call it ‘Millennial Soccer.’  Earnings season is now a ‘game’ where scores aren’t kept, the media cheers, and everyone gets a ‘participation trophy’ just for showing up.

 

 

 

 

 

 

 

 

 

 

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