PS> $ErrorActionPreference = "Continue" (1)
PS> & console_app.exe *>&1 | % { $_ } (2)
PS> & console_app.exe *>&1 | ? { $_ -is [System.Management.Automation.ErrorRecord] } (3)
PS> & console_app.exe *>&1 | ? { $_ -is [System.Management.Automation.WarningRecord] } (4)
PS> & console_app.exe *>&1 | ? { $_ -is [System.Management.Automation.VerboseRecord] } (5)
PS> & console_app.exe *>&1 (6)
PS> & console_app.exe 2>&1 (7)
Stream 2 contains System.Management.Automation.ErrorRecord objects. Note that some applications like git.exe use the "error stream" for informational purposes, that are not necessarily errors at all. In this case it is best to look at the exit code to determine whether the error stream should be interpreted as errors.
PowerShell understands these streams: Output, Error, Warning, Verbose, Debug, Progress. Native applications commonly use only these streams: Output, Error, Warning.
In PowerShell 5, all streams can be redirected to the standard output/success stream (6).
In earlier PowerShell versions, only specific streams can be redirected to the standard output/success stream (7). In this example, the "error stream" will be redirected to the output stream.