More Cold Water on Stock Market from ABC News

This dovetails well with what my colleague Scott Whitlock reported on NewsBusters two days ago:

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.

Today the Dow Jones closed above 13,000 for the first time in history.

Of course ABCNews.com had to sow seeds of worry about the economy (see screencap to the right).

You can see how ABC and other media outlets have consistently taken a sour view of the economy here.

The Media Research Center's Business & Media Institute has more on the media's generally gloomy take of the economy here and here and here.

Ken Shepherd
Ken Shepherd
Ken Shepherd is the Managing Editor for NewsBusters