Your source to mainline mainstream media misdeeds and malarkey.
The media have been in hysterics for at least a week over the latest panic – tariffs. With the stock market reacting to the announced plans, the press has all the data needed to hype negativity – except none of it is rooted in sound financial foundations. We saw this on display Monday when the markets opened down, then shot up on a rumor tariffs were rescinded, then fell again when it was shown to be a false report. Then Tuesday saw a surge in the first half of the day and a sharp drop later.
But this volatility reveals a truth: The tariffs are a fluid entity, not an established influence that cannot be fixed. The very fact that it was announced (errantly) that they could be taken down shows these are not a threat. Then we see the price of oil also has exposed the press; first, Trump was scolded for not lowering prices, and today, he is blamed for them being too low.
We also see shifting stances in the press regarding judgments on immigration policies, where we saw raves over judges commanding the White House to suspend actions, then near silence when SCOTUS overruled those judges. Then, we close with a look at the vain attempt to inject politics into NHL history being made by Alexander Ovechkin.
Now, crack one open and savor some mainstream media malpractice and misinformation.
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The intraday volatility on Monday shows that the fears over tariffs are not rooted in fundamentals but fear.
The rise in the market on the false news tariffs were taken down shows the fluid nature, and that tariffs are not some permanent effect to panic over.
The press trying to explain the market to the country could not figure out why tariffs were applied to countries populated only by penguins.
After excessive coverage of judges ruling on the White House, the press turned quiet when Supreme Court rulings overrode those decisions.
The effort to politicize Alex Ovechkin setting the NHL record for goals scored in the NHL is being checked into the boards.
