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ABC, NBC Skip New High for Stocks With Possible China Trade Deal

November 7th, 2019 10:54 PM
The stock market hit yet another record high on Thursday, following reports that the United States and China would ease tariffs as part of a pending trade deal. But ABC’s World News Tonight and NBC Nightly News refused to share the great news for American consumers. Instead, they both chose to celebrate reports of the possibility former New York City Mayor Michael Bloomberg was getting ready to…

Investor Sees S&P 500 15% Jump Under Trump, 25% Plunge Under Warren

Business
November 7th, 2019 4:55 PM
The latest voice warning about the cost should Sen. Elizabeth Warren (D-MA) win the White House in 2020 is billionaire investor Paul Tudor Jones. Jones predicted that if Warren were to clinch the 2020 election, “the S&P 500 would plunge 25%,” CNBC reported Nov. 5. He also predicted that if President Donald Trump were to win reelection, the S&P would see “another 15% upside for the market…
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Not on Latino News: Economy Benefiting All, Including the 55+

Latino
August 21st, 2019 12:19 PM
Yes, it´s true. People over 55 years of age are prospering across the nation. But so are Latinos - and as one Hispanic investment ace tells us, they are not the only ones, much to the chagrin of the liberal Spanish-speaking media that continue to make a case for an ailing economy about to crash and for Donald Trump to be deep-sixed.
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Latino Nets Warn of ‘Terrifying’ Trump-Triggered Economic Crisis 

Latino
August 16th, 2019 12:34 PM
Now that Mueller and the dossier are ancient (buried) news, the liberal Spanish-speaking media will jump at any chance (asides from its non-stop illegal immigration litany) to declare doomsday for President Trump and his Administration. Case in point: the possibility, according to Univision, CNN en Español and Estrella TV, of an economic recession that could put an end to Trump’s claim to credit…
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Jim Cramer Tells Media to ‘Dial Back the Hysteria’ on Economy

August 15th, 2019 12:23 PM
Appearing on NBC’s Today show Thursday morning, CNBC Mad Money host Jim Cramer was the voice of calm, telling his colleagues to “dial back the hysteria” over the economy and reassuring viewers that “the markets are up huge.” He called out those in the press, including NBC, that were “sowing panic” about the possibility of a future recession.

Nightly News Skips Dow at 27,000, Other Nets Spare Just Seconds

Business
July 12th, 2019 2:59 PM
Wall Street experienced another record-setting day July 11, as the Dow Jones Industrial Average closed above 27,000 for the first time ever. But you would know little about that new record if you were watching the three broadcast evening news shows that night. And nothing at all if you watched NBC Nightly News.

Evening News Shows Ignore Record 10-Year Economic Expansion

Business
July 2nd, 2019 5:24 PM
The U.S. officially entered its longest economic expansion ever July 1, boasting 121 straight months without a recession beginning in June 2009. This broke the previous record stretching from March 1991 to March 2001. MarketWatch reporter Jeffry Bartash noted that the S&P 500 Index, the Dow Jones Industrial Average, and the Nasdaq Composite Index have all gained by more than 200 percent “…

Chase CEO Credits Trump, Tells Yahoo Tax Reform Was 'Needed'

Business
June 28th, 2019 4:38 PM
JPMorgan Chase CEO Jamie Dimon thinks President Donald Trump deserves “some” credit for the strong economy and that tax reform needed to happen, even though his “liberal New York friends would never agree.” On Yahoo Finance’s Influencers with Andy Serwer on June 27, Dimon applauded Trump’s pro-business economic agenda, especially tax cuts and deregulation. 

Dems’ Wall Street Tax Plans Fall Flat on CNBC

Business
May 24th, 2019 10:57 AM
Even CNBC's more liberal anchor wasn't thrilled with newly announced plans from Democratic candidates to tax Wall Street transactions. Reporter Ylan Mui told Squawk Box viewers on May 23 about plans from liberal candidates Sen. Bernie Sanders (I-VT), Sen. Kirsten Gillibrand (D-NY), Sen. Elizabeth Warren (D-MA), and Pete Buttigieg (D-IN) to tax Wall Street to pay for expensive things like "free"…

Marching Toward Recession? Media Talk ‘R’ Word Every Day of Month

Business
April 4th, 2019 10:07 AM
In spite of growing wages, extremely low unemployment and nearly 3 percent economic growth in 2018, the liberal media are becoming obsessed with recession. It didn’t matter that CFOs were confident the U.S. economy “will not experience a recession” in 2019. They were fixated by recession prospects in March anyway. Every. Single. Day.

Dow and Out: Network Silence Greets 8th Straight Week of Stock Gains

Business
February 19th, 2019 9:50 AM
The stock market has been on the rebound in 2019, after what some called an “irrational sell-off” in late 2018. The network evening shows covered that “market meltdown” throughout the fall, but have spent a lot less time covering recent gains.

Media’s Stock Meltdown Covered 4x More than Big Market Rebound

Business
February 7th, 2019 2:51 PM
Stocks “rebounded in spectacular fashion in January,” but anyone reliant on network news programming may not have noticed since the networks proved yet again to care far more about bad economic news. ABC, CBS and NBC evening news shows covered the bad news for stocks in December and January more than four times more than positive market news during that time (1,745 seconds to 422 seconds or 29…

Likely Candidate Bloomberg’s Magazine Hits Trump over Stock 'Slump’

Business
January 3rd, 2019 3:41 PM
Political watchers are well aware that former New York Mayor Michael Bloomberg is probably running for president in 2020. That makes his media empire’s attacks on President Donald Trump more concerning than ever. The cover story of the Jan. 7, issue of Bloomberg Businessweek shows a dejected looking Trump with his red tie extending all the way to the ground. “The Trump Slump,” the headline read…

Top 10 Ways Media Spun, Censored or Got Business Plain Wrong in 2018

Business
December 20th, 2018 9:56 AM
The liberal media were at it again in 2018, continuing to misreport, exaggerate, censor and spin business and economic news. Some moments were laughable, such as when a New York Times reporter implied America no longer uses coal for energy. Others, such as the warning of a “climate genocide,” were no laughing matter.