Market already using media to create next stock bubble
Paul Farrell of Marketwatch writes that stock analysts and others are already using the business media to promote the market in the current economic turmoil. Farrell writes, “A recent USA Today report headlined: ‘5 Stock Experts Foresee 2009 Rebound’ proves this fundamental principle: ‘Nearly all expect double-digit percentage gains, despite another year of sharp swings. […]
Sloan is "print journalist of the year"
Marketwatch media columnist Jon Friedman writes Friday that Fortune columnist Allan Sloan is his print journalist of the year. Friedman writes, “One of Sloan’s best pieces was published back in March and entitled ‘Don’t expect another bull market.’ “Journalists everywhere should note that Sloan doesn’t get his points across with fancy writing. If anything, he […]
Marketwatch and Madoff investment by columnist: An ethical issue?
TALKING BIZ NEWS EXCLUSIVE Marketwatch has had some of the best reporting about disgraced hedge fund manager Bernard Madoff in the past 10 days. In particular, a column by Robert Powell posted Monday about how his wife lost her 401(k) and her job due to the failure of Madoff’s company was poignant. But MarketWatch hasn’t disclosed […]
CNBC.com see large page view growth, rise in affluent visitors
CNBC.com ranks No. 1 in page view growth this year, with a 662 percent increase from January to October, according to Comscore’s ranking of 87 of the largest business and financial news sites in the United States. In addition, visitors to CNBC.com on average spent over 2 hours on the site in October while visitors to the No. 2 […]
Saving Conde Nast Portfolio
Marketwatch media columnist Jon Friedman writes Friday about how Conde Nast Portfolio, which recently announced it was cutting its issues per year from 12 to 10, can be saved. Friedman writes, “Portfolio must produce — and soon — at least one killer story or cover design to show progress and take the pressure off its […]
The Economist in a time of economic crisis
Marketwatch media columnist Jon Friedman writes Monday about how The Economist is faring during the current economic meltdown. Friedman writes, “The Economist has been aggressively trying out new ideas. Rossi said the innovation of offering subscribers three-year subscriptions (as opposed to the much smaller time frames generally employed in magazine publishing) has worked ‘fantastically well. […]
Citizen journalism and the stock market
John Dvorak of Marketwatch assesses citizen journalism in light of the events of last week, when someone posted a false report on iReport.com that Apple CEO Steve Jobs had a heart attack, which led to a drop in its stock price. Dvorak writes, “The false-rumor model for stock-market manipulation is nothing new, but since the […]
WSJ's Thomson: We've been extraordinary
Robert Thomson, the managing editor of The Wall Street Journal and editor in chief of Dow Jones & Co., sent a note to the company’s journalists on Wednesday lauding them for their work in covering the economic crisis. Fishbowl DC Patrick Gavin posted the memo on Wednesday. It read: “Dear All, the financial crisis coverage […]
Waiting for his Pulitzer that prevented the 2008 recession
Peter Brimelow of Marketwatch writes about an article he wrote 15 years ago for Forbes that nobody paid any attention, but foretold of today’s upheaval in the lending industry. Brimelow writes, “How did I become rich and famous while toiling as a wage slave in the impecunious trade of financial journalism? When my grandchildren ask […]
Biz media claims of another Great Depression are nowhere near accurate
Irwin Kellner of Marketwatch writes Monday that the business media’s claims about the economy are overly melodramatic and simply wrong. Kellner writes, “For example, in recent weeks, the broadcast and the print media have filed stories replete with scare words. You don’t even have to look at the tabloids to see what I mean. “The […]
