Recession talk: do journalists really know what they are talking about?
In an analysis in the Columbia Journalism Review, Zainab Sultan examines the way media cover recession talk and poses the simple question: Does anyone know what they’re talking about? https://www.cjr.org/analysis/recession-economy.php The succint answer is probably not. The Associated Press, the New York Times and CNBC and a host of other media outlets have all recently […]
Fox News, Trump, accuse media of trying to cause a recession
Fox News guests and hosts have accused the media of deliberately trying to cause a recession to undermine President Donald Trump’s re-election prospects. (https://www.businessinsider.com/fox-news-guests-hosts-accuse-media-cause-recession-undermine-trump-2019-8) Stocks plummeted last Wednesday after the U.S. bond market fired off a warning sign with an inverted yield curve, which reflects long-term interest rates on bonds dropping below short-term interest rates. An […]
Goldman Sachs warns of looming recession
Investment bank Goldman Sachs is warning that President Donald’s Trump’s trade war with China is increasing the odds of a recession, reports Martha C. White of NBC News. In a research note released Sunday, Goldman Sachs chief economist Jan Hatzius said, “We have increased our estimate of the growth impact of the trade war.” Fourth-quarter […]
