Investment papers and investment news sources publish raw economic data and analysis of that data with an eye toward explaining the markets, to inform people making investment decisions. It's not about whether this or that policy is "good" but what effect it will have on the economy. Chavez isn't 'good' or 'bad' - just a risk factor if you're buying gold or copper producers with mines in his country.
But underlying this is the assumption that the markets are truly global, are the sum of the participants' actions, and that individuals can study the markets and save and invest and make money. This is antithetical to the idea that a few big fat pasty white guys smoking cigars and drinking 15-year-old Oban in storied "back rooms" somehow manipulate everything, which is how Michael Moore portrays the world.
Does the far-right's rejection of Darwin render Darwin "liberal?"
No. So CNBC isn't "conservative" either. It's just reality.
2007-01-31
03:27:12
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4 answers
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asked by
Anonymous
in
Politics & Government
➔ Politics