How Corporate America Cheats Investors Every Day
August 13, 2019 at 05:00 AM EDT
An underwhelming earnings season is winding down while stocks struggle. The sell-siders are, bluntly, panicking. I wouldn't be surprised in the least to find many of you have heard from your advisors over the past few days - advisors with a vested interest in keeping you long the markets (and ensnared in their asset-based fee models). I'd also bet you're being told "not to worry." I bet you're hearing a lot about companies "flush with cash" and "beating their earnings expectations." I bet you're being told, despite the obvious signs all around us, that this market is "uniquely solid" and that "the numbers confirm it." Have I pretty much nailed it word for word? That's because I'm a hedge fund guy. I know the legal tricks and accounting stunts that keep CEOs and, well, hedge fund guys "well-remunerated." I'll let you in on another secret: They're lying to you. The market is lying to you, and it's costing you plenty... Tags: trading strategies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2019 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How Corporate America Cheats Investors Every Day appeared first on Money Morning - We Make Investing Profitable .