tag:blogger.com,1999:blog-11719208.post1553060214704583383..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: The era of cheap food is overTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-11719208.post-71033783945969502322008-04-18T16:21:00.000-07:002008-04-18T16:21:00.000-07:00This is why I dislike the economist (or its audien...This is why I dislike the economist (or its audience). This story should have been printed at least two years ago.<BR/><BR/>We are now in a situation which food prices may be stabilizing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-5299252160913054362008-04-18T14:27:00.000-07:002008-04-18T14:27:00.000-07:00Yeah, I know. I read Barry. I was just poking yo...Yeah, I know. I read Barry. I was just poking you a bit.Greyhairhttps://www.blogger.com/profile/05927522817378718823noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-29659658646261049912008-04-18T09:52:00.000-07:002008-04-18T09:52:00.000-07:00Barry commented on this last week in Economist Cov...Barry commented on this last week in <A HREF="http://bigpicture.typepad.com/comments/2008/04/economist-cover.html" REL="nofollow">Economist Cover: The Great American Slowdown</A>. <BR/><BR/><EM>"One of the things that people get wrong all the time is the contra meanings of magazine covers. This is a subject we have discussed for quite some time around here.<BR/><BR/>The assumption is that if something shows up on a mag cover, whatever the subject is must therefore be all over, hence, its time to go the other way. This is a fundamental misunderstanding of what the cover indicator is all about.<BR/><BR/>The short version is that when a long running trend, well represented by consensus opinion and stock prices, finally bubbles up to the front of a major magazine cover, THATS WHEN its very very late in the cycle. Hence, it is a contrary indicator. "</EM>Timhttps://www.blogger.com/profile/16530974968126497397noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-78995025342532578182008-04-18T09:31:00.000-07:002008-04-18T09:31:00.000-07:00Aren't magazine covers contrary indicators?Aren't magazine covers contrary indicators?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-6851325063215446112008-04-18T08:37:00.000-07:002008-04-18T08:37:00.000-07:00I think the clouds are creepy because they look li...I think the clouds are creepy because they look like those little spider balls hanging down from a spider web where captured prey is entombed, ready to be eaten later.Anonymousnoreply@blogger.com