The tone of the reporting on markets is unsettling
 

normally Fox will trumpet anything that sounds exciting, be it good or bad.

they are leading stories about the market with comments that sound like fed press releases.

worrisome.

I'm expecting CNBC to come up with a lower 1/3 graphic of Flames and Asteroids smashing into the earth.

They have to sensationalize as much as possible! It is part of the trading program for reporters.

g85 yes, they surely do...but in this instance I'm a bit surprised at the level of effort to push the long view.

It is hard to sensationalize the very real potential that we may be seeing the beginning of the decline of the dollar as global currency

The more sensational the headlines, the more eyes they attract, and the more soap and soft drink ads they can sell. Pretty simple really.

^^^this. Nothing more.

Talking to you Boyz about economics or the Equity Markets is like talking to someone who has an IQ 3 points above being an Idiot, which means to use a Latin word an imbecillus which means weak minded.

Ohhh and let me clue you folks, those guyz who are Ivory Tower academics or even professionals in the business don't even have the 3 IQ points that you Boyz have. Ohh to be fair.... I overstated my case a coupla guys out there have those 3 IQ points.

Ohhh I can hear your beady little minds work.."What makes TABBSY think he is so high and mighty." Well I have paid CLOSE attention to the markets for 25 years, (history and events for over 50) had my OWN money in it for that amount of time. Have learned a lot from Mother in Tucson who is highly rated in her profession and has friends and acquaintances who were the top men in their economic professions. But aside from that and more importantly I am a master of the human operating system..HOS...in other words I am in touch with those mysterious "animal spirits" that everybody talks about. I am a qualitative rather than quantitative person, markets after all are driven by perceptions and the resulting emotions. Numbers are but a snap shot in time in an ever changing environment in time. More over I speak from the collective memory of mankind.*




*Inside of every human being resides the "collective (universal) memory of mankind" otherwise it would not be collective nor universal. However most people do not pay close attention to it as they are distracted by their own superficial concerns whether they are the daily ones or by their own personal narratives which keeps them from having clarity

CNBC's Simon Hobbs strikes me as having an advanced degree in drama.

I haven't paid any attention to the MSM. NPR's reporting has not been sensational at all.

Dead cat bounce...

Tabs, thanks for "spotting" me the extra 3 IQ point, most people just call me an idiot; jokes on them though as I'm actually 2 IQ points below an idiot.

They want ratings. Ignore the news.

When I buy part of a company, I think about its long term prospects. Like, will they be around and still making money 10 years or 10 years from now?

A major bill effecting employee provided healthcare, and healthcare in general, is slowly taking its effect. I guess a lot of people are looking at our poor options in the upcoming elections, and are pulling out early?

I was planning on at least waiting for the primaries to exit market.

I jumped in heavy when Obama was re-elected, expecting a major surge/bubble caused by the policies already in effect from his previous election cycle that would not get changed.

I also expected that if those policies are not changed, for a major bust a few months after the next presidential election when those policies take full effect.

i wasn't clear...what I noticed was fox seemed to make a point of putting on people who offered calming commentary (market trend over decades, don't try timing the market with retirement funds, etc etc).

I would've expected 'omg the sky is falling!' right off the bat.

Since tabs is so strong minded on the subject, and has been investing for 25 years, he must have a 9 figure networth

Someone of Tabs' intellect and acumen would have 9 figures lost down between his couch cushions.

If opportunity knocks, and he's not at home, opportunity waits

When he drives a car off the lot, its price increases in value

His signature won a Pulitzer

The dark is afraid of him

$2,456.89 > that has 9 figures!

So does 3.14159265

Drama. Drama and emotion sells ads. Up go ratings as drama increases. That's why "BREAKING NEWS" alerts go off all day long on cable news. The more drama, the more viewers, the higher the ad revenues. Network suits have long known that you're no good to them unless you're scared all the time.

Oh, and they read what is handed to them because writing their own copy--doing the leg-work to get the information, check it out for validity--is more expensive. "Here, read this" is cheaper.