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The news business makes no money if there isn't any news. And financial news has a high value audience for advertisers, so there's huge incentives to create dra
by pembrook 5y ago
The news business makes no money if there isn't any news. And financial news has a high value audience for advertisers, so there's huge incentives to create drama where it may not exist.
Much harder to get clicks if your headlines are accurate. This would have to be the headline on most days:
"Millions of People Bought/Sold for Thousands of Competing Reasons Again Today, Short Term Randomness Continues"
Would anybody upvote that article on hacker news?