This screen shot below just goes to show how a single data point can be spun according to the disposition of the observer. Reuters Business is “just the facts, ma’am”, when it comes to this morning’s consumer confidence number. Business Insider is the typical rah-rah, permabull, USE ALL CAPS zealot (BOOM – Good Lord, people). And, of course, our friend Tyler at ZeroHedge sneers at the ostensibly good news. As journalism students have long been told: “consider the source.”
