Blogtrek

Hype in the news

The news media really exaggerate and twist events in their coverage of them. Stocks took a brief downturn today and then went back up. So how did Yahoo describe the downturn around lunchtime? They said, "Stocks fight hard to keep gains after data." Nonsense. Stocks don't fight. Did you ever go to an arena with a boxing ring in it and see a common stock punching an opponent? Do stocks pull out rifles and start shooting into a rifle-filled ridge? Maybe that's why the market has been down lately. Stocks are confused because they can't figure out how to fight.

Weathermen say lots of silly things in their broadcast. "Here comes this front marching through the area tomorrow…" OK, Cold Front, Hup, two, three, four, column leftttt…. Harch! "Storms will be firing up in the afternoon hours." Storms are made out of water, not fire. "A severe thunderstorm has erupted in central Illinois." Hey are these thunderheads, or are they volcanoes? I've never seen lava come from a thunderstorm.

These may seem funny but I believe that events, especially adverse events, are exacerbated by the continual hyping it up by the media. The media should tell things as they are instead of turning storm clouds into hot lava and putting blue chip stocks in the boxing ring. I will be making more reports of media hype in the future. It's not to hard to find it.