Business news without the bullshit

Cutting through the Wall Streets Hype

Don't buy into it

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A simple message we never hear

The most basic thing you need to know about Wall Street is that it's a hype machine that packages items of dubious value and sells them to naive investors - including pension fund managers - at super high retail prices.

That's how Wall Street works and that's how Wall Street has always worked.

Sometimes - like now - it gets worse than ever, but this basic template has never changed.

Keep that in mind when you're watching Wall Street advertiser-supported CNBS and other financial "news."