Stock Market

The media were thrilled when a statue of a defiant little girl was placed opposite Arturo Di Modica’s famous “Charging Bull” on Wall Street. To the networks, it became a “symbol,” a “sensation” and female empowerment. “Symbols spoke volumes,” NBC Chief Environmental Affairs correspondent Anne Thompson said of the statue “facing down Wall Street’s famous bull,” on March 8. The networks didn’t…

Twelve. That’s how many records the Dow Jones Industrial Average set in a row in 2017. Twelve new records, 12 sessions in a row. Seven. That’s how few stories three combined networks devoted in their evening broadcasts to the record run that sent stocks so high, the market followed by closing above 21,000 for the very first time.

“Biblically responsible” investment opportunities are antithetical to corporate America, according to The New York Times. Times columnist Liz Moyer accused Inspire Investing’s new Christian friendly E.T.F.s (exchange traded funds) of being “squarely at odds with that of nearly all of corporate America” Feb. 28, yet just months earlier the paper praised E.T.F.’s designed around climate change…

It is getting harder to downplay the recent stock market rally, but The New York Times tried to keep it quiet. Fox Business Network anchor Stuart Varney blasted the Times’s lack of coverage of what he called the “Trump stock market rally.” Varney pointed out on Feb. 27, that the Business section of the Times from the day before ignored the market’s historic gains since Trump’s election. His media…

The second episode of this season of Showtime’s Billions, which aired February 19, illumines the left’s belief that any sort of success must be associated with moral indecency. The show revolves around the power politics between billionaire hedge-fund manager Bobby Axelrod (Damian Lewis) and U.S. Attorney Chuck Rhodes (Paul Giammati).

The premiere of the second season of Showtime’s Billions, which aired February 19, illumines the left’s belief that any sort of success must be associated with moral indecency. The show revolves around the power politics between billionaire hedge-fund manager Bobby Axelrod (Damian Lewis) and U.S. Attorney Chuck Rhodes (Paul Giammati).

Rather than rejoice over the stock market rally, many people are pushing economic pessimism and that upset CNBC’s Rick Santelli. The CNBC editor and contributor complained about the pessimism on Squawk Box Feb. 16. “Much of the world always finds something to cheer about, always finds hope in every stock market. This particular rally, because of the president, everybody wants to put cold water on…

Washington Post columnist Anne Applebaum compared the recent surge in the stock market to … you guessed it… Nazi Germany. On Jan. 25, 2017, she tweeted to keep in mind that “in Nazi Germany, the stock market rose and rose and kept rising, right up to Stalingrad.”

As the Dow Jones Industrial Average neared the 20,000 mark for the first time in history, the index set 16 closing-day record highs since Donald Trump’s election. Even some liberal media outlets have drawn a direct connection between the soaring stock market and Trump’s election, going so far as to label it a “Trump stock market rally.” But the broadcast networks often ignored any connection,…

After Donald Trump’s victory Nov. 8, several business leaders freaked. The post-election response even included a CEO’s threat on Trump’s life, but none of the major broadcast evening news shows picked up the hysteria. Business leaders despaired, told employees to resign for disagreeing with their virulently anti-Trump views and warned of “extremely dangerous times.” But threatening violence and…

Wednesday morning at 12:42 a.m., as it was becoming clear that Republican presidential nominee Donald Trump was on the verge of officially defeating Democrat Hillary Clinton for the presidency, Paul Krugman at the New York Times noted at the paper's election night live blog that the "markets are plunging." He then wrote: "If the question is when markets will recover, a first-pass answer is never…

The liberal media were in mourning on Election Night when it became clear Donald Trump would be the next president of the United States. Panic was palpable and journalists, particularly on NBC networks, blamed a significant drop in Dow futures on Trump’s victory. CBS said the drop in futures felt like “Brexit,” while Rachel Maddow claimed Trump would wear the market drop as a “badge of honor.”…

Minutes after President-Elect Donald Trump concluded his victory speech that ended on Wednesday around 3:00 a.m. Eastern, the cast of characters immediately demanded that Trump seek to “rectify” the tumbling stock market that could lead to an “economic collapse” similar to what Barack Obama inherited when he was inaugurated in 2009. 

On Thursday, Federal Reserve Chairman Janet Yellen suggested in a videoconference call, as translated into plain English by the Wall Street Journal, that "there could be benefits to allowing the central bank to buy stocks as a way to boost the economy in a downturn."