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Yes, it's a dark pattern in journalism. They hint at causation while having plausible deniability. Used to bother me too when I checked Yahoo Finance, every oth
by diego 5y ago
Yes, it's a dark pattern in journalism. They hint at causation while having plausible deniability. Used to bother me too when I checked Yahoo Finance, every other day the market would be up/down "as" whatever happened that day that might have anything to do with the economy.
- eru 5y agoTo be fair, it's usually pretty hard to say why stock prices change. Even with hindsight. Mostly because anticipation is so important.
- jacquesm 5y agoSo: absent proof don't say anything.
- actually_a_dog 5y agoSaying nothing doesn't sell ads and subscriptions. something something incentives....
- nowherebeen 5y agoThe thing I learn early in my career when I was working in finance was that research analysts are pretty useless. There are too many factors that go into why a stock goes up and down including unknown parties executing large trades for their corporate strategy. I used to joke the weatherman has better predictions because at least he has a satellite. There are simply too many parties trading to truly know.