Headline Fed

Every day my internet home page tells me why the stocks are either up or down. I am so glad they could simplify the complexities of the market with these short sentence synopses. "Stocks down because of auto maker's loss"; "Stocks up because the President said so" and my favorite, "Stocks are up despite unemployment rate".

 

I know it is important to summarize your opinion in your headline, but to say the market hinges on reports by a single industry participant is a little too simplistic. In fact it feeds the fears of investors and shakes the buyer's confidence that every negative report has a direct effect on the economy.

 

It was about this time last year that the experts predicted a recession, and sure enough the numbers backed them up. Did the headlines lead us to the recession? Not likely, but the influence of the media is growing upon the face of the waters. It won't be long before the media decides when to invest in the stock market. What music and television we should tune in to. Who we should choose as our next President American Idol.

 

Okay, so there is no real structure to this post, but read it anyway… oh wait, you just did.