Premature prognostication by biz media
TheStreet.com’s Marek Fuchs writes that the business media often makes predictions about the economy and other matters before all of the facts are known. Fuchs wrote, “The major symptom of this is a quick...
Tagged: Markets coverage
CNN e-mail ignores stock market's strong performance
Tom Blumer, writing on the Newsbusters web site, noted that an e-mail he received Friday from CNN about business news gave scant attention to the stock market’s performance this past week. He wrote, “From...
Barron's cover story missed the boat
TheStreet.com’s Marek Fuchs has plenty of issues with this weekend’s cover story in Barron’s on Harvard professor Niall Ferguson — primarily the premise of the entire thing. Fuchs wrote, “As Ferguson sees it, the...
Media focuses too much on market
Economist Dean Baker of the American Prospect was interviewed on the NPR show “On the Media” and said that media preoccupation with the ups and downs of Wall Street not only distracts us from more significant...
When biz magazines forecast the market
Forbes.com columnist Gary Weiss writes on his blog about the absurdity of business magazines Barron’s and BusinessWeek — where Weiss used to work — attempting to forecast where the market is going. Weiss wrote,...
Top myths in media coverage of market correction
Barry Ritholtz writes on TheStreet.com about the myths that were reported in the business news media earlier this week that explained why the stock market fell. Ritholtz wrote, “It didn’t take very long for...
Cramer is calming down
Alex Markels of U.S. News & World Report profiles “Mad Money” host Jim Cramer in the latest issue, and he writes that Cramer seems to be slowing down and spending more time with his...
Jim Cramer vs. Henry Blodget, Round 2
Slate columnist Henry Blodget, a former Wall Street analyst now barred from being involved in the market, and “Mad Money” host Jim Cramer have been feuding the past few weeks. On Monday, Blodget threw...
Business press wrong about weather and oil prices
TheStreet.com’s Marek Fuchs points out that Reuters and the Associated Press are getting it wrong when tying changes in the weather to prices for crude oil in the commodities market. Fuchs wrote, “Let’s start...
Jim Cramer vs. Henry Blodget
“Mad Money” host Jim Cramer and Slate writer Henry Blodget, the disgraced former Wall Street analyst who now writes for Slate, apparently don’t like each other. Earlier this week, Dealbreaker.com’s Bess Levin caught up...
