RB TexLa
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Sat Aug-18-07 01:13 PM
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I would like any news outlet to report financial news without blatant bias |
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This past week, every time they reported the market being down they added their doom and gloom. And then were all smiles and happy when it went up.
Read the news, no one cares if the news reader is happy or sad about the news, no one cares if they think anything about it, just read the teleprompter.
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Pirate Smile
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Sat Aug-18-07 01:24 PM
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1. Just wait until the Faux Business News Channel starts. Previous |
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biases will look tame, I'm sure.
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onyourleft
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Sat Aug-18-07 01:32 PM
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Edited on Sat Aug-18-07 01:33 PM by onyourleft
My take this past week was different than what you saw. I usually watch CNBC from about 4 or 5 a.m. until around 3 p.m. (whenever Maria comes on -- can't stand her). What I saw and heard was that every time the market went down the spin was:
1. This is just a correction. We haven't even hit 10% yet. 2. We need this correction. 3. The economy is very, very healthy. 4. Consumers are holding up quite well. 5. The Chairman really knows his job (although I did hear a few disparaging words about him toward the end of the week). 6. Etc.
I felt that there was a preponderance of "talking heads" with happy talk every time the market fell. Scarcely did they allow anyone on the show(s) who had really negative impressions. Any negative talk was immediately hit with charges of "conspiracy theory" or just not understanding the situation.
We do agree, however, on one point: I, too, would like for them to just read the news and not editorialize. :)
Edited to add p.m. to the 3.
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Thu Apr 25th 2024, 12:16 PM
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