2/3 Full Glass Most Empty Since 2002 !!

I swear, if poverty were eliminated today, Bloomberg would run this headline: "Poverty Rampant As Recently As Yesterday."

Check out this TOP news story entitled, "Pessimism on U.S. Stocks at Highest Since Rally Began." Fair enough, but delve into the article and you learn this: as of the June 23rd survey results, bearishness stood at 35.6% (this you learn in the second paragraph), while bullishness stood at 35.6% (this you learn in the last paragraph). So what happened over the course of a week? Bearishness increased to 36.3%, a 1.9% increase (again, paragraph two). Bullishness increased to 37.4%, a 5.1% increase (you guessed it, last paragraph). Naturally, bearishness gets the headline.

I figured that with elections coming, Bloomberg News would have to kick this sort of slanted coverage into high gear. No doubt they will keep me busy during these dog days of summer.

BTW, kudos to Bloomberg for their website redesign...you can now receive your shamefully slanted news and self-loathing coverage of US capitalism in a vastly more user-friendly and attractive format.