BizJournals Portfolio
Home >   Business Views, Opinions and Blogs >   Business Blogs >   Market Movers >  

Market Snapshot

Market Movers

by Felix Salmon
Main
Why Felix Should Walk Away   Defending Financial Journalists -- and Bloggers

Recent Blog Posts

Links

Mar 05 2009 2:07pm EDT

Market Snapshot

The Dow has plunged 3.4% to new 12-year lows -- the sort of event which, even a few months ago, would have engendered screaming headlines across the nation's newspapers. Today, however, we're getting headlines, even on the front page of Yahoo Finance, which look for all the world as though nothing is happening at all:

marketsnapshot.jpg

This is good news: it means that stock-market volatility is no longer considered particularly newsworthy in and of itself. What happens on any given day in the stock market is not actually very important, and I'm rather heartened by the fact that this news has failed to make the front page of, say, nytimes.com. Well done, MSM, for finally getting some perspective.

...

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com
Like Portfolio on Facebook

Come on, like us—you know you want to.

Follow Portfolio on Twitter

Follow us and if you're an innovative entrepreneur, we'll return the favor.

The Mix

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow