"Reading between the lines gets tricky when there's nothing there."
I'm a little off the trail with this, but the when there's nothing there part of your post got me thinking.
We all know that there are days when the simple, plain, and obvious fact is NOTHING IMPORTANT HAPPENED. Why does the media, and CNBC isn't alone in this, insist on reporting whatever they did manage to dig up on these slow days, feel it is necessary to report it with a fervency and zeal more appropriate to announcing the world's coming to an end, and that all life, as we know it, shall cease.
I'm sure I'm not the only one getting tired of tuning in and finding a somber countenance filling the screen pronouncing in a very serious tone "The DJIA is down seven and a half points", as if it mattered. Few days see a move of less than fifty. Can't these people put things in perspective, if not to credit the viewers with some intelligence, but to save their own credibility.
Cheers, PW.
P.S. I'm now taking my prosac in the morning so my ranting waits until late afternoon.
P.P.S. They're just as bad when the market rises. Ten points UP and you'd think the studio's communal lottery ticket purchases landed 'the big one' and that they will be heading for a lifetime free of financial worries. |
