2007-11-07 13:01:42 · 5 answers · asked by Toddacanda 5 in Business & Finance ➔ Investing
This is the best question I have ever seen posted on this site. The media thrives on bad news. The more bad news there is (about anything, war, killings, natural disasters, weather) the more people tend to listen to or read the media. The more people tune into the media the more advertisers sell to them. The more advertisers sell the more money they make. The more they make the more they advertise on the media and the more they advertise the more the media makes.
2007-11-08 01:32:44 · answer #1 · answered by Richard Jackel 3 · 1⤊ 0⤋
The Dow dropping 300 points is no big deal. Smart investors anticipate drops like today's, in fact I wouldn't be surprised if we drop 500 more points by the end of next week. If you got hurt by a measly -300 point day, maybe you shouldn't be investing in stocks. A 3% drop in the market today, just means a 15% gain for me in the future.
2007-11-08 00:28:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Because they are not paid in stocks to report the plunge.
2007-11-07 21:53:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Hi Todd, they not an investor, they may have not sense of economic, so no reason for them to be sad,
2007-11-07 21:37:57 · answer #4 · answered by ayahnya frista 3 · 0⤊ 0⤋
That's their job.
2007-11-07 21:04:16 · answer #5 · answered by Anonymous · 0⤊ 0⤋