The Economy News Mover
Have you noticed the sharp ups and downs on Wall Street. Investors are buying and selling like crazy.
Have you noticed the news media around the current state of our economy. Notice any trends?
Everyone wants to know where the bottom is so they can buy back in or buy more to offset their losses.
The only problem is there is no way to tell when we are at the bottom until prices go up and keep going up.
The news constantly reports how bad things are. For example a couple months ago the big story was the price of gas. But instead of mentioning how cheap gas is now they report that the price of a barrel of oil dropped and how bad that is for the economy.
Sounds to me like the media should look for the positive in things and report the truth in a positive manner.
The 3-4 day cycle we are currently seeing is showing no signs of letting up.
I am not one for giving out financial advice. I just pay attention to the news and the markets. Heck I don't have much invested, so even if I am wrong I can't loose much.
What are your thoughts on how the news media can move the markets?
Michael



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