2 ms·
I get your point and think it's well stated, I just don't see that it's valid for all types of breaking news. My usage of breaking news is mostly related to pa
by mcphilip 14y ago
I get your point and think it's well stated, I just don't see that it's valid for all types of breaking news. My usage of breaking news is mostly related to participation in the stock market. Sometimes there is breaking news that will immediately alter the outlook for stocks and bonds around the globe.
For instance, the Bank of Japan recently set a target of purchasing 60-70 trillion yen worth of long-term debt and securities per year in an effort to fight against deflation. This type of news is released unpredictably and waiting for an "end-of-week report" may not adequately meet my asset management goals.