Another Example of Media’s Upward Bias

This one comes to us courtesy of Reuters’ Business News RSS feed:

Bleak payrolls report mauls Wall St; volume thin

I don’t think I’ve ever read a headline that said “Stock Markets Surge On Low Volume” — they usually save the low volume part for the fifth or sixth paragraph in the story. But on a down day, Reuters feels the need to silver-line their headline.

Just another trivial example of the embedded bias that comes with most of the mainstream media. I know I have hit on this theme many times in the past but it bears repeating: the best path to take is usually the contrarian one, the one less travelled. I have found this axiom applies pretty well to just about everything, not just stocks, but of course, your mileage may vary.

More on this topic (What's this?)

Leave a Reply

-->