|
August 30, 2018
Stocks set records, consumer confidence shot up, and economic growth estimates were revised up.
These three good economic news stories happened back to back to back on Aug. 27-29. Meanwhile, ABC World News Tonight, CBS Evening News and NBC Nightly…
|
May 10, 2018
The media are treating the economy like a good-news/bad-news story. The good news is the economy is going well and unemployment is down to just 3.9 percent — the best since 2000. The bad news is ABC, CBS and NBC evening news programs don…
|
April 27, 2018
CNBC’s on-air editor Rick Santelli reacted to the April consumer confidence numbers positively, but the same night ABC, CBS and NBC evening news programs all ignored the latest update of consumer attitudes toward the economy, as did their…
|
April 5, 2018
Stock markets have been stumbling and volatile since late January. But to hear The Washington Post tell it, that means the tax cuts failed to do what President Donald Trump said they’d do.
“The tax cuts were supposed to be ‘rocket…
|
March 15, 2018
The Nasdaq Composite, a tech-heavy index of 5,000 stocks, set new record highs again on March 9 and 12. Citing that and a host of other economic factors, market expert Marc Chandler described the current state of the economy as a “Goldilocks…
|
February 13, 2018
The February 2018 stock market correction was painful to watch, but the news media exaggerated the situation — piling on panic and blame with descriptions like “crash” and “freefall” — after ignoring most previous…
|
February 6, 2018
While the early February 2018 market pullback has spooked some investors and already gained plenty of media attention, it illustrated all too well the broadcast networks’ tendency to cover bad economic news more than good. The networks skipped…
|
February 5, 2018
When the Dow Jones Industrial Average “nosedived” by nearly 666 points on Feb. 2, it got plenty of network attention. In fact, it got more coverage than the two huge Dow milestones that preceded it — combined.
Although that one-…
|
January 8, 2018
Liberal Washington Post columnist David Von Drehle is sure President Donald Trump will face “a recession, slump, or God forbid, crash” before the 2020 presidential election — despite the strong economic gains so far under Trump.…
|
December 20, 2017
For the first time in its 121-year history, the Dow Jones Industrial Average gained more than 5,000 points in a single year, according to CNBC.
The major stock index set that record Dec. 18, following a 140-point rally and a new record closing high…