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Message
CNN is almost giddy about a possible recession
Posted on 9/17/19 at 6:14 pm
Posted on 9/17/19 at 6:14 pm
LINK
And buried in the article:
Pathetic
quote:
A crack just emerged in the financial markets: The NY Fed spends $53 billion to rescue the overnight lending market
quote:
Borrowing rates skyrocketed on Tuesday in a corner of the markets the public rarely notices but that is critical to the functioning of the global financial system
quote:
The episode demonstrates evidence of emerging strains in financial markets and raises concern that the Federal Reserve could be losing its grip on short-term rates.
quote:
Although it doesn't get as much attention as the Dow or the 10-year Treasury rate, this overnight market plays a central role in modern finance. It allows banks to quickly and cheaply borrow money, for short periods of time, often to buy bonds like Treasuries. This market broke down during the 2008 financial crisis
And buried in the article:
quote:
However, analysts drew a distinction between the current period of stress and what happened during the crisis. Back then, investors were deeply worried about the financial health of banks. Today, banks are hauling in record profits and balance sheets look sturdy
Pathetic
This post was edited on 9/17/19 at 6:17 pm
Posted on 9/17/19 at 6:15 pm to The Pirate King
US industrial production increased at fastest pace in a year
New data out today
New data out today
Posted on 9/17/19 at 6:16 pm to The Pirate King
Turn that $hit off my friend. You won’t learn a damn thing on CNN
This post was edited on 9/17/19 at 6:23 pm
Posted on 9/17/19 at 6:17 pm to Dawgy49
I check the apple stocks app daily and this was the top article.
Posted on 9/17/19 at 6:18 pm to The Pirate King
quote:
Although it doesn't get as much attention as the Dow or the 10-year Treasury rate, this overnight market plays a central role in modern finance. It allows banks to quickly and cheaply borrow money, for short periods of time, often to buy bonds like Treasuries. This market broke down during the 2008 financial crisis
And buried in the article:
quote:
However, analysts drew a distinction between the current period of stress and what happened during the crisis. Back then, investors were deeply worried about the financial health of banks. Today, banks are hauling in record profits and balance sheets look sturdy
The paragraph you said was "buried in the article" is literally the next paragraph after the part you bolded.
Posted on 9/17/19 at 6:18 pm to The Pirate King
I understand...I actually tune in sporadically for the humor
Posted on 9/17/19 at 6:19 pm to Dawgy49
quote:
You want learn a damn thing on CNN
True, he both wants to learn but likely won’t learn anything watching Fake News CNN.
Posted on 9/17/19 at 6:20 pm to The Pirate King
The media is the enemy of the people
Posted on 9/17/19 at 6:22 pm to PsychTiger
quote:
True, he both wants to learn but likely won’t learn anything watching Fake News CNN.
I’m curious how my 401k is doing, I check there, then this kind of thing is the top article, completely contradicting itself from paragraph to paragraph
Posted on 9/17/19 at 6:44 pm to Green Chili Tiger
quote:
The paragraph you said was "buried in the article" is literally the next paragraph after the part you bolded.
If it isn't in the headline or first paragraph it is buried in the article.
Everyone knows that, you are disingenuous.
Posted on 9/17/19 at 7:16 pm to The Pirate King
If it’s bad for American, CNN is for it.
Posted on 9/17/19 at 8:02 pm to gthog61
quote:
If it isn't in the headline or first paragraph it is buried in the article.
So they "buried" the stuff referencing 2008 too?
Headline:
quote:
A crack just emerged in the financial markets: The NY Fed spends $53 billion to rescue the overnight lending market
First TWO paragraphs:
quote:
New York (CNN Business)Borrowing rates skyrocketed on Tuesday in a corner of the markets the public rarely notices but that is critical to the functioning of the global financial system.
The spike in overnight borrowing rates forced the New York Federal Reserve to come to the rescue with a special operation aimed at easing stress in financial markets.
Which part is wrong?
Posted on 9/17/19 at 8:04 pm to The Pirate King
Wonder if this will still be Obama's economy if it tanks
Posted on 9/17/19 at 8:09 pm to The Pirate King
Which is hilarious because the first thing people usually cut is their advertising budget. CNN is fricked regardless.
Posted on 9/17/19 at 8:16 pm to gthog61
quote:
If it isn't in the headline or first paragraph it is buried in the article.
Essentially the same thing as google search.
If it's not above the fold clicks fall off a cliff. Forget about page 2.
People read headlines and maybe the first paragraph.
Posted on 9/17/19 at 9:17 pm to Green Chili Tiger
It's the 12th paragraph in an article about financial gloom and doom. Wtf do you considered buried? Paragraphs 13 on down?
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