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Yep. I had a better opinion on Bloomberg news before.
by Glavnokoman 7y ago
Yep. I had a better opinion on Bloomberg news before.
- akvadrako 7y agoYou really shouldn't. Bloomberg gives bonuses to reporters for stories that move markets. They don't make money by providing truthful news.
- renewiltord 7y agoThat is interesting to me to hear. Bloomberg News has the lovely characteristic that a lot of people believe them and they're also generally wrong so you can usually trade on that info. It's the fascinating power of building an enduring brand through one field (the terminals and Bloomberg himself) and parlaying it into another. For instance, the day after the SuperMicro story popped up and I saw that it was Bloomberg that broke the story, I went long SMCI. A month later, the sweet smell of victory and +100% gains sat in my eTrade account. Now there's edge, and I didn't even need 5 ms to the exchange to get it.