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

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."

Scott Whitlock
Scott Whitlock
Scott Whitlock is the senior news analyst for the Media Research Center and a contributing editor for NewsBusters.org