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Old 08-16-2019, 03:39 PM
 
Location: Wouldn't you like to know?
573 posts, read 79,640 times
Reputation: 244

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Quote:
Originally Posted by James Bond 007 View Post
People are not going to not buy something just because some media outlets are screaming "recession coming!"

Given how silly those on the Left are....I mean they did buy into the whole Russia nonsense, so yes..this is possible. They will gobble up whatever the fake news tries to push.
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Old 08-16-2019, 03:42 PM
 
Location: Columbia, SC
18,954 posts, read 10,453,337 times
Reputation: 7416
Quote:
Originally Posted by pknopp View Post
The media can't spin a recession.
The investors keep tabs on the market, and not by reading about it in the morning paper. When they start jumping ship, things are looking down.

Even with the bump today, the Dow is down 1,400 points in the last three weeks. No bueno.
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Old 08-16-2019, 03:43 PM
 
10,403 posts, read 2,577,677 times
Reputation: 5192
Quote:
Originally Posted by Hesychios View Post
Media trying to spin ...

You give them far too much credit. The media can't spin a recession any more than it can 'spin' a plague. It reports what people do and what they think.
Quote:
Originally Posted by PedroMartinez View Post
LOL.

Yeah, right.

You might want to Google consumer confidence and how it affects the economy.
You Google it, I don't need to.

The media has been reporting on economics since there were newspapers. Every dip and rise is reported. It is always this way. Subject matter experts are asked what they think and analysts make forecasts, because there are people (investors - consumers - employers) who rely on that sort of information.

What you are proposing is censorship. We have never done that ... not ever. Not in 1929 and not in 2008 nor any business cycle in-between. What makes this cycle so different? We don't censor the news and we don't hide the facts from the American public.

Trumpies need to put their big boy pants on. Enough with this 'conspiracy' laden fantasyland you guys are living in, you people need to get real for once and learn to live with the Truth.
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Old 08-16-2019, 03:45 PM
 
1,892 posts, read 543,073 times
Reputation: 2089
Quote:
Originally Posted by moneill View Post
Yeah it's a little naive to blame the media for reporting what financial experts are expressing as concern.

Is the role of media to ignore stories that don't support the conservative agenda?
Okay, I'm maybe the biggest hater of Trump and his MAGA-red hatter posse, but to tell the truth, the media has been very blatantly presenting the DJIA drops in a manner that is very transparent to what they're trying to accomplish.

A drop of 800 points in the DJIA is really nothing for a 25,000 Dow. The honest way to report is to compare the % drop as when the market was at 10,000, we'd see a similar drop and there's a big difference. At 25,000, an 800 point drop on any given day is really no big deal and not to be alarmed about. But that doesn't fit the media's agenda.
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Old 08-16-2019, 04:01 PM
 
6,289 posts, read 1,726,849 times
Reputation: 3918
Quote:
Originally Posted by PedroMartinez View Post
Responsible adults will put off major purchases if they believe the economy might stumble and put jobs in jeopardy.

I don't expect most liberal to understand the reasoning behind this.
You highlighted the difference between conservatives and liberals. Don't forget, you're not conversing with true adults in these cases, but perpetual adolescents, who do what they want, then cry foul and victim when they have to deal with the consequences.
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Old 08-16-2019, 04:23 PM
 
Location: Kansas City, MISSOURI
10,136 posts, read 3,087,791 times
Reputation: 7707
Quote:
Originally Posted by tipsyguam View Post
Given how silly those on the Left are....I mean they did buy into the whole Russia nonsense, so yes..this is possible. They will gobble up whatever the fake news tries to push.
The problem with your analogy is that "buying" a news story costs absolutely nothing. Buying a new car, on the other hand, typically costs at least $15K and usually a lot more, and buying a new house typically costs at least $100K and usually a lot more. So it's not as if they're remotely comparable. There's a much higher threshold for buying a new car or a new house, than there is buying a news story.
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Old 08-16-2019, 05:38 PM
 
Location: Washington State
19,586 posts, read 10,154,371 times
Reputation: 16696
Quote:
Originally Posted by TBMorgan View Post
Okay, I'm maybe the biggest hater of Trump and his MAGA-red hatter posse, but to tell the truth, the media has been very blatantly presenting the DJIA drops in a manner that is very transparent to what they're trying to accomplish.

A drop of 800 points in the DJIA is really nothing for a 25,000 Dow. The honest way to report is to compare the % drop as when the market was at 10,000, we'd see a similar drop and there's a big difference. At 25,000, an 800 point drop on any given day is really no big deal and not to be alarmed about. But that doesn't fit the media's agenda.
Bad day for Democrat recession spinners....better luck manana

Your problem is you don't have the Senate like you did in 2007 when Harry and nancy, with the help of your media, spun up a Global Financial Crisis. Conclusion - embrace Orange
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Old 08-16-2019, 05:52 PM
Status: "unless it's got that "it" factor." (set 9 hours ago)
 
Location: Clyde Hill, WA
4,439 posts, read 804,441 times
Reputation: 1459
speaking of media spin, article from just today:

NYT chief Dean Baquet outlined a 'new vision' for the next 2 years, since the Russia story is kaput. Instead the Times is now to focus on Trump's alleged racism. It was supposed to be a private, employee-only town hall type meeting, but a recording was leaked to Slate.com.
https://slate.com/news-and-politics/...ranscript.html

Quote:
The closest Baquet came to identifying a moment when the paper had misjudged current events was when he described it as being “a little tiny bit flat-footed” after the Mueller investigation ended. “Our readers who want Donald Trump to go away suddenly thought, ‘Holy ****, Bob Mueller is not going to do it,’” Baquet said.
Quote:
presidential racism was a newly emerged one, something the paper would need to pivot into. “How do we cover America, that’s become so divided by Donald Trump?” he said. “How do we grapple with all the stuff you all are talking about? How do we write about race in a thoughtful way,
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Old 08-16-2019, 05:59 PM
 
11,849 posts, read 7,561,212 times
Reputation: 4898
The right wing can’t govern. They’re better at complaining about everything.
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Old 08-16-2019, 06:26 PM
 
Location: Long Island
34,613 posts, read 14,526,307 times
Reputation: 7457
Quote:
Originally Posted by Tall Traveler View Post
Bad day for Democrat recession spinners....better luck manana

Your problem is you don't have the Senate like you did in 2007 when Harry and nancy, with the help of your media, spun up a Global Financial Crisis. Conclusion - embrace Orange
Bond inversions have preceded the last 6 recessions, we just had another. Maybe you have an indicator that says otherwise. This isn’t some financial spin unless you think the WSJ is in on this media spin.

Last edited by Goodnight; 08-16-2019 at 06:52 PM..
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