What the Media Can’t See
About COVID-19
American Spectator,
by
David Catron
Original Article
Posted By: Garnet,
4/13/2020 5:19:09 AM
The disappointment was palpable in every syllable of the headline: “Everything Is Awful. So Why Is the Stock Market Booming?” The author of this New York Times “analysis,” Neil Irwin, was clearly confused by the refusal of investors to head for the life boats: “Death and despair are all around,” he wrote, “Yet at Thursday’s close, the S&P 500 was up 25 percent from its recent low on March 23.” Last week’s rally should not, however, have come as a surprise to a professional market watcher. It was obviously the result of good news concerning the COVID-19 pandemic and a commitment by the Federal Reserve to keep the economy afloat.
Reply 1 - Posted by:
MSUDoc 4/13/2020 8:15:45 AM (No. 377906)
If the stock market ran on Leftist hatred, it would be exploding right now.
As with all great Western institutions, the Left can only tear down and parasitize. They are unable of building anything truly great on their own, and they completely despise those who can.
18 people like this.
Reply 2 - Posted by:
Urgent Fury 4/13/2020 8:33:00 AM (No. 377920)
Newsrooms/studios sacked, editors/producers/reporters/anchors on trial for treason.
14 people like this.
Reply 3 - Posted by:
HotRod 4/13/2020 9:00:08 AM (No. 377951)
All journalists that report news should be required to be placed under oath, to tell the truth, just like a witness in court. Violators subject to perjury charges.
Pundits and opinion writers can be exempted. Then, we will know, in advance, who the liars are.
Right now, we must consider, out of an abundance of caution, all news stories suspect, and most journalists to be liars!
13 people like this.
Reply 4 - Posted by:
LadyHen 4/13/2020 9:08:08 AM (No. 377959)
Yes. Good news!! I've done with doom and gloom. Yesterday was Easter, the Good News proclaimed. For we Orthodox Christians, this is our Holy Week and next Sunday our Pascha, the Feast of the Resurrection of the Lord. Forgive me being a bit early but I can stand the darkness those who are set against us promote incessantly no longer.
57 Thanks be to God, which giveth us the victory through our Lord Jesus Christ.
58 Therefore, my beloved brethren, be ye stedfast, unmoveable, always abounding in the work of the Lord, forasmuch as ye know that your labour is not in vain in the Lord.- 1 Corinthinans 15:57-58
Enter all of you, therefore, into the joy of our Lord, and, whether first or last, receive your reward.
O rich and poor, one with another, dance for joy!
O you ascetics and you negligent, celebrate the day!
You that have fasted and you that have disregarded the fast, rejoice today!
The table is rich-laden: feast royally, all of you!
The calf is fatted: let no one go forth hungry!
Let all partake of the feast of faith. Let all receive the riches of goodness.
Let no one lament their poverty, for the universal kingdom has been revealed.
Let no one mourn their transgressions, for pardon has dawned from the grave.
Let no one fear death, for the Saviour's death has set us free.
-The Paschal homily of St John Chrysostom, which is joyously proclaimed in every Orthodox church around the world on Pascha
13 people like this.
Reply 5 - Posted by:
Strike3 4/13/2020 11:05:32 AM (No. 378149)
Can't or Won't. Just as with every good thing accomplished by Donald Trump since January of 2017, the media is ignoring anything good or beneficial produced by the emergence of this virus and are attempting to keep the dark cloud overhead. It's not working. We are bursting at the seams to move about in the civilized world again and I'm itching to buy cheap stocks right now. We will be doing some massive corrections in the behavior of our state and local officials now that they have revealed their ugly sides and in a year or so China will be assuming a much smaller place in the world because we realized that saving a few bucks is not worth the exposure we have allowed ourselves. Media outlets are hurting and folding due to their own lefty bias and hatred and that is all the good news I need today.
6 people like this.
Reply 6 - Posted by:
DVC 4/13/2020 11:57:24 AM (No. 378213)
I know not one person who has gotten this disease, in all my far flung friends and family. None of their friends, an even wider group has gotten it.
My county has just under 600,000 residents. 300 of them have the disease, about 75 are hospitalized, and I believe about a dozen people have died of it.
One sibling's county in SE state has 35 cases in the county, one death.
Another sibling's county in another SE state has about 40 cases, a couple of deaths, last I checked.
More family is in Fla, their county has 35 cases, a couple of deaths in a nursing home.
A niece lives in the SW, her county has 17 cases, no deaths.
The county in Colorado where my vacation home is, has one case.
This is mostly a "TV disease" happening mostly in far away places where I never go any more.
5 people like this.
Reply 7 - Posted by:
RedWhite&Blue2 4/13/2020 12:49:48 PM (No. 378258)
We need our own truthful news network so we don’t have to beyatch about THEIRS anymore....Billionaire investors in a conservative tv news network of truth.
Veterans for truth
Veterans for Trump 2020
3 people like this.
Reply 8 - Posted by:
crashnburn 4/13/2020 1:22:56 PM (No. 378285)
I believe the stock market more than I believe the lying media, but then I repeat myself. The market is a 6 month leading indicator and I believe the only bias in those investors is to find market inefficiencies and exploit them. I also believe investors are much smarter than the liberal media darlings.
2 people like this.
Reply 9 - Posted by:
Ken M. 4/13/2020 3:16:13 PM (No. 378355)
Once again the media reveal how clueless they really are. We are on the eve of quarterly earnings announcements. Maybe the markets will indeed take a hit based on those ... or maybe not either. If markets do take a dip, of course the media savants will take credit for being so prescient. But if it's still smooth sailing after the earnings announcements ... crickets ...
1 person likes this.
Reply 10 - Posted by:
Strike3 4/13/2020 4:50:07 PM (No. 378429)
My experience is similar to that of #6. The democrat Schiffholes that are experiencing higher density are all places that I would never visit again, virus or not. Their sickness is deeper and has been in development longer than a few months.
1 person likes this.
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