GMA Speculates on Soaring Stocks: ‘Is Unstoppable Market Good or Bad?’

April 23rd, 2007 12:13 PM

On Monday’s "Good Morning America," an ABC graphic about soaring stock prices proved, yet again, that there’s no positive economic story the media can’t spin downward:

ABC Graphic: "Will Dow Hit 13,000 Today? Is Unstoppable Market Good or Bad?"

The graphic ran underneath co-host Diane Sawyer and GMA financial contributor Mellody Hobson’s discussion over whether or not the Dow, which has been breaking records recently, is headed for a downturn.

Sawyer certainly seemed to think so. She began the program with this pessimistic tease:

Diane Sawyer: "This morning, your stocks are soaring higher than ever before in history. A new record today? But is this the thrill before the meltdown? What should you do this morning to protect your money?"

In the segment, which aired at 7:02am on April 23, Sawyer and Hobson continued to predict that the good times will soon be ending. In fact, the GMA co-host closed the report by instructing Americans to not "get greedy. It can’t last forever."